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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.
    Features Include:
    - 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

    CONTACT

    Nick van Wyk
    Realspecialists Commercial
    Mobile: 0490 844 724

    Nick Vanwyk
     REALspecialists
    Nick Vanwyk
    REALspecialists

    Property Highlights

    Property ID2017449951
    Floor Area43 m²
    Land AreaAsk Agent
    Parking2 x Onsite parkings
    Building TypePartial building
    Annual Return5%
    AvailabilityTenanted
    Category
    Last updated  26 Nov 2021
    Map for Fortitude Valley QLD 4006
    Map for Fortitude Valley QLD 4006Fortitude Valley QLD 4006
    Nick Vanwyk
     REALspecialists
    Nick Vanwyk
    REALspecialists

    Property Highlights

    Property ID2017449951
    Floor Area43 m²
    Land AreaAsk Agent
    Parking2 x Onsite parkings
    Building TypePartial building
    Annual Return5%
    AvailabilityTenanted
    Category
    Last updated  26 Nov 2021
     REALspecialists
    19 Taree Street Burleigh Heads QLD 4220
    Nick Vanwyk
     REALspecialists
    Nick Vanwyk
    REALspecialists
    Nick Vanwyk

    Nick Vanwyk

    REALspecialists

    0490 *** ***
    0490 844 724

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