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6-10 Whites Road Petrie QLD 4502

  • Hotel, Motel, Pub & Leisure
  • 74 m²
  • For Sale, CONTACT AGENT

Developer Clearance Sale!

    A rare opportunity for the astute investor to capitalise on one of the fastest growing markets in Australia. Construction is complete, the retail spaces on the ground floor are being filled and very few residential units are vacant.

    The property: The Developer is ready to move forward to another project and has enlisted Ray White Commercial Northern Corridor Group to present five, two bedroom units all of which are well appointed and completed with top of the line fixture and fittings including air conditioning. All five units are tenanted or have twelve month rental guarantees attached to them. Each unit is a generous 74m2 and comes with an exclusive & secure car space. The building itself comprises twenty four two bedroom units and five retail units facing Whites Rd. An internal lift and staircase connects the foyer to the upstairs dwellings.

    The numbers: Lease them as whole units or capitalise on the location. Petrie Station and the new multi million dollar University of the Sunshine Coast campus are located at the end of the road providing the perfect opportunity to lease the rooms individually as university accommodation. The current setup will provide an income of $85,800 per annum. However conversion to student accommodation makes the sky the limit.

    The location: As the first new project under construction in the Mill Central Precinct of The Mill Priority Redevelopment Area, this project is centrally located in the heart of the Petrie Town Centre as well as the proposed future Mill Central area envisioned by the Moreton Bay Regional Council (please request Due Diligence Pack to view all council planning for the area and 'The Mill' development already under construction across the road). Current projections are a requirement to accommodate 10,000 students by 2030 growing to 20,000 at full operation. It is needless to say the capital growth on this investment will far exceed expectations.

    To arrange an inspection or for more information please call Brocke Hambrecht or Luke Hobman.

    *Approximately

    Brocke Hambrecht
     Ray White Commercial Northern Corridor Group
    Brocke Hambrecht
    Ray White Commercial Northern Corridor Group
    Luke Hobman
     Ray White Commercial Northern Corridor Group
    Luke Hobman
    Ray White Commercial Northern Corridor Group

    Property Highlights

    Property ID2016418429
    Floor Area74 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  16 Apr 2021
    Map for 6-10 Whites Road Petrie QLD 4502
    Map for 6-10 Whites Road Petrie QLD 45026-10 Whites Road Petrie QLD 4502
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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.

    Brocke Hambrecht
     Ray White Commercial Northern Corridor Group
    Brocke Hambrecht
    Ray White Commercial Northern Corridor Group
    Luke Hobman
     Ray White Commercial Northern Corridor Group
    Luke Hobman
    Ray White Commercial Northern Corridor Group

    Property Highlights

    Property ID2016418429
    Floor Area74 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  16 Apr 2021
     Ray White Commercial Northern Corridor Group
    Level 1, 104 Gympie Road Strathpine QLD 4500
    Brocke Hambrecht
     Ray White Commercial Northern Corridor Group
    Brocke Hambrecht
    Ray White Commercial Northern Corridor Group
    Luke Hobman
     Ray White Commercial Northern Corridor Group
    Luke Hobman
    Ray White Commercial Northern Corridor Group

    Ask Brocke Hambrecht about this property

    Brocke Hambrecht

    Brocke Hambrecht

    Ray White Commercial Northern Corridor Group

    Luke Hobman

    Luke Hobman

    Ray White Commercial Northern Corridor Group

    0466 *** ***
    0466 599 724

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