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95 Prince Edward Parade
Scarborough QLD 4020
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Sold on 6 Oct 2021

95 Prince Edward Parade Scarborough QLD 4020

  • Shop & Retail
  • 297 m²
  • Sold

RARE MULTI-TENANTED FREESTANDING INVESTMENT WITH 4.2 YEAR WALE

    Coming to AUCTION on Wednesday October 6 (if not sold prior) this 297sqm* freestanding fully-tenanted retail centre on 602sqm* hosts one of the area's busiest and well-established dine-in and takeaway restaurants, and a well-known and popular cafe.

    ***Virtual tour now available - please click 3D tour button above located on the main photo or on Property Highlights

    KEY FEATURES
    • 297sqm* GFA on a 602sqm* corner block
    • Two long-term tenants on newly signed leases
    • Currently returning $71,809.93 net p.a.
    • 4.2 year Weighted Average Lease Expiry (WALE)
    • Tenant 1 is a Thai restaurant occupying 217sqm*
    • Tenant 2 is a Cafe' occupying 80sqm*
    • Eight car parks at rear plus ample street parking
    • 1min walk to Scarborough waterfront

    Our vendors are highly motivated and this property must be sold at Auction or prior to.

    Auction In-Rooms (if not sold prior) Wednesday 6 October at 11am at Raine & Horne Commercial Office - 337 Gympie Road, Kedron.

    *Approximately

    For further information or to arrange an inspection, contact your EXCLUSIVE Raine & Horne Commercial agents today.

    Listing ID 7734381

    Property Highlights

    Date Sold6 Oct 2021
    Floor Area297 m²
    Land Area602 m²
    ParkingAsk Agent
    Virtual TourView Tour
    Property ID2017010519
    Category
    Last updated  5 Nov 2021
    Map for 95 Prince Edward Parade Scarborough QLD 4020

    Property Highlights

    Date Sold6 Oct 2021
    Floor Area297 m²
    Land Area602 m²
    ParkingAsk Agent
    Virtual TourView Tour
    Property ID2017010519
    Category
    Last updated  5 Nov 2021
    337 Gympie Road Kedron QLD 4031

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