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791 Old Cleveland Road Carina QLD 4152

  • Development / Land
  • 1,632 m²
  • For Sale, Expressions of Interest

Commercial Sites - Carina

  • Exceptional Investment Opportunity
  • Unique Carina Offering
  • 1,632m2* of land over 3 titles

791 Old Cleveland Road, Carina
10 Osterley Road, Carina Heights
12 Osterley Road, Carina Heights

Exceptional Investment Opportunity - Unique Carina Offering

An opportunity like this doesn't come along very often... positioned on the prominent Old Cleveland Road in the Carina Gateway precinct, these mixed use properties will be a major draw card. On offer are four professional, fully occupied tenancies that benefit from excellent street access and great signage exposure for each individual tenancy. Rare, dual street access across the three lots bid future potential to redevelop making this a standout in this thriving area.

This asset as a fantastic opportunity to acquire a functional multi-tenanted property in a popular commercial hub with significant future rental upside and development (subject to council approval).

Property features:
- 1,632m2* of land over 3 titles (rectangular block with 2 street access)
- Lifeline Store - 153m2* dwelling with annual income of $58,230.23 + GST. Long term tenancy in place, leased to 03/2021 with 3 year option and 3% rent increase/ annum.
- Restaurant - 170m2* dwelling with annual income of $45,000 + GST. Long term tenancy in place, leased to 05/2022 with 3+3+3 option and 3% increase on each option. Also has a 30m2* free standing shed.
- Lifeline Store & Restaurant positioned on 810m2 block.
- 10 Osterley Rd - 410m2 block - Can be vacant possession or option to enter tenancy agreement.
- 12 Osterley Rd - 412m2 block.

For further details on strata fees, rates, body corporate and utilities or to arrange an inspection, please contact agent.

Property Highlights

Property ID2015928089
Floor Area810 m²
Land Area1,632 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Virtual TourView Tour
Category
Last updated  2 Dec 2019
Map for 791 Old Cleveland Road Carina QLD 4152
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