185 Redcliffe Parade, REDCLIFFE QLD 4020
$1,500,000 + GST (if Applicable) (under offer)
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- 8 x Onsite parking
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- 10 Nov 2016
UNIQUE INVESTMENT OPPORTUNITY WATERFRONT PROPERTY
Ray White Commercial is pleased to offer this unique investment property for sale by private treaty. Positioned on Redcliffe Parade within the Waterfront Precinct and located at the entry of the prestigious Proximity Waterfront Apartments this investment property ticks all the boxes for the investor looking for a quality building with a strong tenant trading and exceptional exposure.
This substantial high quality building has occupancy of a long term franchised tenant and the restaurant sits within the retail/restaurant strip overlooking brilliant waterviews and the Redcliffe Jetty. This is an exceptional investment opportunity for the investor looking for quality and security.
When contemplating the purchase of this exceptional property we would ask you to note the following:
? High quality retail commercial building
? 171m of internal restaurant area + 140m of additional covered outdoor alfresco dining
? Strong trading Tenant, 10 x 10 Year Lease
? Annual rental $118,000p/a + GST
? Reviews, depreciation, guarantees
? Capital growth
? High profile corner location
? Outstanding retail/restaurant precinct
? Burgeoning residential demographic
? Popular Water front location
Your personal inspection of this property is strongly recommended, for further information or to arrange an inspection please contact the exclusive agents Robert Rey and Natasha Grima.
REF ID: 10453264
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
185 Redcliffe Parade REDCLIFFE