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186 Moggill Road Taringa QLD 4068

  • Retail
  • 380 m²
  • For Sale, Contact Exclusive Agents

5.6 YEAR WALE! MULTI-TENANTED TARINGA RETAIL INVESTMENT

- 210sqm* (GLAR) of fully leased ground level retail space across two tenancies facing busy Moggill Road in Taringa
- 60sqm* alfresco on title (can be enclosed subject to approval)
- Eight* (8*) basement car spaces on title
- 5.6* Year Weighted Average Lease Expiry (WALE) as of 01/12/17
- Combined Net income of $125,000*pa + GST, Tenants pay all outgoings
- Long term established national Tenant Brazilian Beauty has occupied their tenancy for 12* years and have exercised their option for another 6 years commencing in April 2018
- Fresh 5+5 year lease (commenced 01/12/2017) to Gandom Hypermarket who have over six* (6*) years experience in the industry
- Axis Taringa includes thirty* (30*) residential units and four* (4*) retail shops
- Located in the growth corridor of the Taringa Core Precinct within the Taringa Neighbourhood Plan
- 3 phase power supply, grease trap access, exhaust canopy, cold Room, gas connection, ducted air-conditioning, self contained amenities, etc.
- Ample customer parking with 16* spaces allocated to the retail plus street parking available
- Sought after location with the likes of Jetts, Flannerys, Dominos, Supercheap Auto, Swimart, Mercedes Benz, Hungry Jack's and much more all located within walking distance of the property
- 150m* from the Westside Private site (12 storey medical & mixed use) and 900m* from Westfield Indooroopilly Shopping Centre
- 150m* to the Taringa Train Station and a bus stop in front of the shops

(*approx)

Contact Exclusive Agents Jack Gwyn or Jared Doyle of Ray White Commercial TradeCoast for more information.

Property Highlights

Property ID2014061401
Floor Area380 m²
Land Area270 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Annual Return6%
AvailabilityTenanted
Category
Last updated  30 Jun 2018
Map for 186 Moggill Road Taringa QLD 4068
Ray White Commercial TradeCoast
Suite 2 28 Metroplex Ave Murarrie QLD 4172

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