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345 Pine Mountain Road Mount Gravatt East QLD 4122

  • Shop & Retail
  • 813 m²
  • For Sale, Price Upon Application (under offer)

FULLY TENANTED NEIGHBOURHOOD RETAIL CENTRE

  • FULLY TENANTED FREEHOLD INVESTMENT
  • FUTURE DEVELOPMENT UPSIDE (STCA)
  • STRONG TENANT MIX

Ray White Commercial TradeCoast are pleased to present 345 Pine Mountain Road, Mount Gravatt East to the market.

A fully leased, freestanding retail centre locally known as Metropol 2. Metropol 2 is strategically positioned on a 2557sqm* site and consists of 813sqm* of Net Lettable Area. Fully tenanted by 10 established business across 11 tenancies and providing a current annual gross income of $514,881.79*.

Property specifics:
- 2557sqm* Neighbourhood centre zoned site
- 813sqm* of Net Lettable Area
- 10 established businesses across 11 tenancies
- Weighted Average Lease Expiry of 2.9* years
- Current gross income of $514,881.79* p.a + GST
- Additional tenant storage area located underneath
- 2 Grease Traps on site
- Parking for 37* cars and 2* motorbikes
- 1.6km* to Carindale Westfield
- 500m* to Pacific Golf Club
- 4.5km* to the Gateway Motorway
- 12km* to Brisbane CBD

The property is occupied by a diverse range of business types from Allied Health, Food & Beverage, Beauty & Professional Services.

Metropol 2 is positioned alongside 2 other retail centres, the Metropol 1 centre and the Cosmopolitan Centre. There is also a freestanding McDonalds located within the vicinity. The neighbouring centres are anchored with tenants such as IGA, Australia Post, BWS, Metropol Dr's at Carindale and more.

To learn more about this fantastic opportunity and to arrange your inspection contact the Exclusive Marketing Agents from Ray White Commercial TradeCoast.

* Approx.

Jonathon Jones
Ray White Commercial TradeCoast
Jonathon Jones
Ray White Commercial TradeCoast
Jay Jones
Ray White Commercial TradeCoast
Jay Jones
Ray White Commercial TradeCoast

Property Highlights

Property ID2017207237
Floor Area813 m²
Land Area2,557 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  20 Aug 2021
Map for 345 Pine Mountain Road Mount Gravatt East QLD 4122
Jonathon Jones
Ray White Commercial TradeCoast
Jonathon Jones
Ray White Commercial TradeCoast
Jay Jones
Ray White Commercial TradeCoast
Jay Jones
Ray White Commercial TradeCoast

Property Highlights

Property ID2017207237
Floor Area813 m²
Land Area2,557 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  20 Aug 2021
Suite 3 28 Metroplex Ave Murarrie QLD 4172
Jonathon Jones
Jonathon Jones
Ray White Commercial TradeCoast
Jay Jones
Jay Jones
Ray White Commercial TradeCoast

Jonathon Jones

Ray White Commercial TradeCoast

Jay Jones

Ray White Commercial TradeCoast

0439 *** ***
0439 624 813

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