Raywhite Commercial (Marsden) is pleased to present to the market: Units 4,5 & 6/109 Grand Plaza Drive, Browns Plains, this superb retail investment opportunity is located in the heart of a prominent retail precinct of Browns Plains. The property is situated just across the road from Grand Plaza Shopping Center, which is anchored by Woolworths, Coles, ALDI, Big W, Kmart, Target & Event Cinemas. It is also in close proximity to Bunnings Warehouse, The Good Guys, Best Friends Pets, Spotlight & JB Hi-Fi.
This investment features:
369sqm retail space
3 secure tenants in place
Gross Rental income is $127,305 in the first year and $139,582 in the next
Costs are $4,800 (Body Corp) and $9,428 (Council Rates).
Nett income of approximately $113,077 in the first year and $125,354 in the next
This represents return of over 8%.
The Body Corporate insures the building while the tenant is required to insure the Lot.
Total number of 45 car parks, 6 assigned to neighbouring Lot 2 tenants and the remainder common use.
Easy access from Mount Lindesay Highway
For a detailed information memorandum, please contact:
Mmapula Moyo
0403 906 514
