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Sold on 31 May 2018

61-63 Northern Road Roma QLD 4455

  • Shop & Retail
  • 285 m²
  • Sold, $440,000

Northern Store - Commercial Investment

    The property is located on the Canarvon Highway which is the main highway to the north and accesses the Canarvon National Park, Injune central Queensland etc. The asset is only minutes from the centre of Roma.
    The building has two tenancies and a total net lettable area of 285* square metres.

    1) - Convenience Store - Rent = $27,272.72 per annum net plus GST.The first term expires on 25 February 2020 together with two by 5 year options. This Tenant pays 76% of Council Rates and Water charges and shares yard maintenance with the Bottle Shop tenant

    2) - Bottle Shop - Rent = $26,000.00 per annum net including GST - This current lease expires on 1 May 2020 and the. Lease provides four (4) by five (5) year options. This tenant pays 24% of the total outgoings.

    - Land area of 4,589* square metres.
    - In addition, building plans have been drawn to extend the Centre. The extention would provide for an additional 3 tenancies, two with areas of 77* square metres and one with a 410* square metre floor area.

    - The property adjoining the Park and the old Roma Villa Winery has development approval for the construction of an 85 unit motel together with a tourist centre and restaurant.

    *approx

    Shane Kennett
    LJ Hooker Toowoomba
    Shane Kennett
    LJ Hooker Toowoomba

    Property Highlights

    Property ID2013252777
    Date Sold31 May 2018
    Sold Price$440,000
    Floor Area285 m²
    Land Area4,589 m²
    ParkingAsk Agent
    Category
    Last updated  25 Jun 2018
    Map for 61-63 Northern Road Roma QLD 4455
    Map for 61-63 Northern Road Roma QLD 445561-63 Northern Road Roma QLD 4455
    Shane Kennett
    LJ Hooker Toowoomba
    Shane Kennett
    LJ Hooker Toowoomba

    Property Highlights

    Property ID2013252777
    Date Sold31 May 2018
    Sold Price$440,000
    Floor Area285 m²
    Land Area4,589 m²
    ParkingAsk Agent
    Category
    Last updated  25 Jun 2018
    LJ Hooker Toowoomba
    677-683 Ruthven Street Toowoomba QLD 4350
    Shane Kennett
    LJ Hooker Toowoomba
    Shane Kennett
    LJ Hooker Toowoomba
    Shane Kennett

    Shane Kennett

    LJ Hooker Toowoomba

    0407 *** ***
    0407 161 513

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