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Lot 1/61 Edward, Brisbane City QLD 4000

  • Retail
  • Floor Size43 m²
  • PriceFor Sale, $650,000

Opportunity to secure a small CBD Shop Investment

This Strata Titled Shop of 43 square metres is located in Edward S, Brisbane City. It is currently leased to March 2021. The current tenant exercised their 3 year option in April 2018. The current rent is under rented and has excellent opportunity for a new owner to increase substantially at the completion of the lease term .
* Lease option term of 3 years commenced 1st April 2018
* 3.5% increase annually
* Lessee pays water charges
* Net Income $39,488 per year
* Selling Price $650,000
* 6% Net yield estimated
Call Tom Chan Sole Agent for further details 0478586131

Phone exclusive agent Tom Chan 0478586131

Highlights:
* Golden opportunity for astute buyer
* Highly presentable location
* Be quick to buy this rare offering

Property Highlights

Property ID2014609300
Floor Area43 m²
Land AreaAsk Agent
ParkingAsk Agent
Building TypePartial building
Annual ReturnAsk Agent
AvailabilityAsk Agent
Category
Last updated  23 Jan 2019
Map for Lot 1/61 Edward, Brisbane City QLD 4000
Blocksidge Real Estate
Level 1 144 Adelaide Street Brisbane City QLD 4000

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