8 Gregory Street Bowen QLD 4805
- 530 m²
- For Sale, Excluding GST $495,000
CBD MULTI-SHOP INVESTMENT
WELL LOCATED FREEHOLD COMMERCIAL INVESTMENT PROPERTY in Bowen's CBD. The building comprises 5 shops currently divided between 3 tenancies - Legal firm, Commonwealth Government and a Beauty Salon. All tenants have leases with passing rent at over $60,000 per annum ex. GST. All tenants are well established with two tenants having been long term.
The site is 898 square metres with a benefit easement giving rear carpark access from a side street. The locality has good on-street parking at the kerb and in the median.
The building is masonry block circa 1970's and well maintained. It has enjoyed some refurbishment including roof.
A large rear parking area gives good off street parking capacity for a minimum five vehicles.
The long term owners have reluctantly decided to sell the property for family reasons thus providing an excellent opportunity for investment.