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Sold on 8 Apr 2021

2-4 Glenmay Court Morayfield QLD 4506

  • Shop & Retail
  • 968 m²
  • Sold

Strong Neighbourhood Investment Sale

  • Strong Tenant Mix
  • Exceptional Location
  • Net income $270,931 PA

The Commercial Guys are proud to present for sale, the Glenwood Drive Shops, positioned on the corner of Glenwood Drive and Glenmay Court, Morayfield.

This neighbourhood shopping strip is perfectly located amongst a highly populated residential estate and adjacent Morayfield East State School & Morayfield High School and in close proximity to childcare and transport options.

The centre is anchored by Spar Supermarket, which have been a long standing tenant in this location for many years, along with Liquorland, Phelan's Bakery, Fish and Chip shop, Take Away shop, Barber Shop and Laundromat. There is only 1 vacancy in the centre allowing for additional upside upon leasing the space.

Property Features:
- Net Income: $270,931.41 per annum
- 968 m2 NLA
- 3,229 m2 Corner block with 2 street access
- 65 line marked car parks
- Bus stop conveniently located directly in front of the centre
- 7 out of the 8 shops are tenanted
- Vacant tenancy has potential to be split for additional upside

For a detailed information memorandum contact the Exclusive agents, The Commercial Guys.

*Unless otherwise stated, the price/property may be subject to GST

Grant Simpson
The Commercial Guys
Grant Simpson
The Commercial Guys
JD Davies
The Commercial Guys
JD Davies
The Commercial Guys

Property Highlights

Property ID2016596552
Date Sold8 Apr 2021
Floor Area968 m²
Land Area3,229 m²
Parking65 x Onsite parkings
Category
Last updated  7 May 2021
Map for 2-4 Glenmay Court Morayfield QLD 4506
Map for 2-4 Glenmay Court Morayfield QLD 45062-4 Glenmay Court Morayfield QLD 4506
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Grant Simpson
The Commercial Guys
Grant Simpson
The Commercial Guys
JD Davies
The Commercial Guys
JD Davies
The Commercial Guys

Property Highlights

Property ID2016596552
Date Sold8 Apr 2021
Floor Area968 m²
Land Area3,229 m²
Parking65 x Onsite parkings
Category
Last updated  7 May 2021
The Commercial Guys
1/7 Lear Jet Dr Caboolture QLD 4510
Grant Simpson
The Commercial Guys
Grant Simpson
The Commercial Guys
JD Davies
The Commercial Guys
JD Davies
The Commercial Guys

Ask Grant Simpson about this property

Grant Simpson

Grant Simpson

The Commercial Guys

JD Davies

JD Davies

The Commercial Guys

0433 *** ***
0433 427 503

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