Prime Location, Rental Growth Potential, Excellent Holding Income for a Future Redevelopment Site.
Freehold Investment
Prime Location
Considerable Room for Income Growth
HIndmarsh Property Services are proud to offer these commercial premises For Sale at $888,000
• Charming older buildings comprised of 5 shops and 4 adjoined sheds opposite from Nambour General Hospital • Shop leases to Jamoke Espresso Bar and Eat Fresh Café. One presently vacant retail tenancy • Four sheds (2 combined) leased to various tenants as storage • Prominent frontage with solid vehicle and pedestrian exposure • Bus stop directly in front & alongside large public car park • Lettable Areas - Retail 297 m² (approx.), Sheds 200 m² (approx.) • Current Net Rent - $63,420.40 excl. GST per annum. (estimated) • Current Return - 7.46% (estimated) with considerable room for growth • Note Shop 5 to be leased (additional income to benefit the property)
Further details, Information Memorandum and inspections through Exclusive Managing Agents - Hindmarsh Property Services
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
850,000
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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