Fortitude Valley QLD 4006
- Shop & Retail
- 43 m²
- For Sale, $495,000 All offers will be considered
Small Retail Investment Shop : Prime Location
This cash flow positive secure income, long lease, essential service invest Property has been servicing the local community and broader inner city with café services for over 7 years.
X MARKS THE SPOT"
103/338 Water Street, Fortitude Valley, is on the north side of the CBD strip. This colourful and dynamic area brings a wide range of visitors from diverse backgrounds attracted to the bars, restaurants and shops that line the street between popular city icons.
The area is alive with high-rise residential buildings and popular nightlife attractions.
Currently with a 3 x 3 x 3 year lease in place, Annual income of $32,240 nett, this is a set and forget income generating asset for your portfolio.
- Annual Nett Income $32,240 + GST
- Tenant Pays all outgoings except body corporate
- Annual rental increases CPA %
- Floor Area 43sqm
- Heart of Water Street Fortitude Valley (Brisbane CBD district)
- Lease Expiry April 2028
For further details, arrange an inspection or for a copy of the information memorandum, please contact the below exclusive selling agent
Nick van Wyk
Mobile: 0490 844 724