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61-63 Northern Road
Roma QLD 4455
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Sold on 31 May 2018

61-63 Northern Road Roma QLD 4455

  • Shop & Retail
  • 4,589 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

LJ Hooker Toowoomba
LJ Hooker Toowoomba
677-683 Ruthven Street
Toowoomba, QLD 4350

Property Highlights

Date Sold31 May 2018
Sold Price$440,000
Floor AreaAsk Agent
Land Area4,589 m²
ParkingAsk Agent
Property ID2013252777
Category
Last updated  25 Jun 2018
Map for 61-63 Northern Road Roma QLD 4455
LJ Hooker Toowoomba
LJ Hooker Toowoomba
677-683 Ruthven Street
Toowoomba, QLD 4350

Property Highlights

Date Sold31 May 2018
Sold Price$440,000
Floor AreaAsk Agent
Land Area4,589 m²
ParkingAsk Agent
Property ID2013252777
Category
Last updated  25 Jun 2018

Listed by

Shane Kennett
Shane Kennett
LJ Hooker Toowoomba
Call
0407 161 513

More about 61-63 Northern Road Roma QLD 4455

61-63 Northern Road Roma QLD 4455 is categorized as Shop & Retail Property. It has a land area of 4,589 m². The listing ID for this property is 2013252777.

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