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Sold on 1 Aug 2022

66-68 Shore Street West Ormiston QLD 4160

  • Shop & Retail
  • 1,735 m²
  • Sold

MULTI-TENANTED FREEHOLD INVESTMENT

    On behalf of the vendor, Dugan & Co Property are pleased to offer this magnificent multi-tenanted property to the market.

    Located on the homebound side of Shore Street, the main arterial road leading into Cleveland and situated on a fantastic corner position, this property has it all.

    It is surrounded by other quality and national tenants, including BP, McDonald's, Keema Motors, Oldmac Motors, 7Eleven and IGA, to name a few.

    Exposure is assured, with the property boasting 130m*of 2 street frontage. It has a site area of 3989sqm* and a nett lettable area of 1735sqm* with a nett rental of approximately $409,000* p.a.

    The property is anchored by SRG Leisure Retail Pty Ltd (BCF) and has two other premium, long-standing tenants.

    Rarely do we see properties of this quality come to market in this tightly held area, and with a WALE in excess of 5.4 years, I am sure this will be a very worthwhile investment for any astute buyer.

    - Zoned Commercial Industry
    - Anchored by National tenant BCF
    - Other Long-standing tenants
    - WALE of more than 5 years
    - Over sixty onsite carparks
    - Three fully air-conditioned tenancies

    *approx

    For more information or to arrange an inspection, please contact EXCLUSIVE AGENT Kevin Murdock from Dugan & Co Property.

    Property Highlights

    Date Sold1 Aug 2022
    Floor Area1,735 m²
    Land Area3,989 m²
    ParkingAsk Agent
    Property ID2017689677
    Category
    Last updated  11 Aug 2022
    Map for 66-68 Shore Street West Ormiston QLD 4160

    Property Highlights

    Date Sold1 Aug 2022
    Floor Area1,735 m²
    Land Area3,989 m²
    ParkingAsk Agent
    Property ID2017689677
    Category
    Last updated  11 Aug 2022
    Level 1, 88 Commercial Road Newstead QLD 4006
    Kevin Murdock
    Kevin Murdock
    Dugan & Co Property

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