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40 Johnson Road
Hillcrest QLD 4118
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40 Johnson Road Hillcrest QLD 4118

  • Shop & Retail
  • 10,712 m²
  • For Sale, $15,000,000

Current tenant is paying from only $40/m2 net on old lease

    - Rare Investment with massive rent increase upside
    - Rent from only $40/m2.a year for the old lease, in the process of reviewing to the
    market as soon as the lease is expired
    - Strategic location with massive exposure on top of the crest of the hill at Hillcrest
    - Opposite to Coles Distribution Centre and close to Woolworth's distribution centre
    - Building area 10,712m2 on 4.1 acres of prime land
    - The zoning has been upgraded to "Mixed Commercial."
    - The current zoning allows for any retail, commercial and industrial tenancies except
    Childcare Centre
    - Net return $1,038,133 per year on a fully leased basis
    - 2 years rental guarantee for the vacant shops, which just happened recently
    - It was fully leased not long ago
    - Price to sell now

    Property Highlights

    Floor Area10,712 m²
    Land Area1.66 ha
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2010727183
    Category
    Last updated  17 Jul 2024
    Map for 40 Johnson Road Hillcrest QLD 4118

    Property Highlights

    Floor Area10,712 m²
    Land Area1.66 ha
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2010727183
    Category
    Last updated  17 Jul 2024

    Listed by

    Peter Huang
    Yong Real Estate Commercial
    Call
    0418 888 889

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