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98-108 Bloomfield Street
Cleveland QLD 4163
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Sold on 28 Dec 2015

98-108 Bloomfield Street Cleveland QLD 4163

  • Shop & Retail
  • 461 ha
  • Sold

Value add opportunity in Cleveland CBD

This is a rare opportunity to purchase a multi tenanted retail/commercial complex in the heart of Cleveland's thriving business centre. The property consists of a 403m2 (approx) single level building including 363m2 (approx) of NLA plus 40m2 (approx) of amenities and covered walkways. The building is erected on a 1,303m2 freehold site which has been subdivided into three Group Title Lots of which the subject occupies the front 461m2 Lot fronting Bloomfield Street.

The building is of both brick and timber construction and is divided into six (6) tenancies, five (5) of which are currently occupied. A rear driveway over common property provides site access, parking and rear loading to each tenancy.

Other Features Include:

Communal Male and Female W/C Facilities
Rear Covered Walkways
Trade Waste Facilities
Wide Frontage to busy Bloomfield Street

All tenants are currently on Monthly agreements which creates an excellent Value Add' opportunity for a Purchaser to negotiate new lease/rental arrangements. Current holding income is $108,500 per annum. Potential Nett Income is $146,000 per annum.

Property Highlights

Date Sold28 Dec 2015
Floor AreaAsk Agent
Land Area461 ha
ParkingAsk Agent
Virtual TourView Tour
Property ID2012381284
Category
Last updated  30 Dec 2015
Map for 98-108 Bloomfield Street Cleveland QLD 4163

Property Highlights

Date Sold28 Dec 2015
Floor AreaAsk Agent
Land Area461 ha
ParkingAsk Agent
Virtual TourView Tour
Property ID2012381284
Category
Last updated  30 Dec 2015

Listed by

Nathan Moore
Nathan Moore
RWC (Bayside)
Call
0413 879 428

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