• LJH Commercial are pleased to present 17 Smith Street, Capalaba, to the market for immediate sale, via offers to purchase.
• Rarely do free-standing properties fully leased appear on the market in this location.
• Total of 7 units, 1 Retail Caf&aecute; and 6 Warehouses. No strata Title.
• Total building area 794sqm approx. 2,023sqm land area.
• Extremely long-term tenants. Warehouses have been occupied with the same tenants for over 20 years. Low Site Coverage. Approx. 39%
• Abundance of hardstand space for 18 car spaces onsite.
• Concrete block and metal clad construction. Mainly clear span throughout with partition dividing walls.
• Current Gross Income: $111,288.55 per annum + GST
• Outgoings: $25,516.58. Per annum. (Rates, Water, Insurance, Cleaning, Gardening, R&M.)
• Total Net Income: $85,771.97 + GST.
• Positioned just off Redland Bay Road, on busy Smith Street. Surrounded by National tenants. Mixture of Industrial/Bulky Goods.
• Closely located to Capalaba Shopping Centre, Bus. and Gateway Motorway.
• The owners have provided their clear instruction to sell the property. All written offers will be presented.
• Contact Exclusive Agent Manoli Nicolas on 0400 082 170 for further details and inspection today.
BUILDING AREA: 794 sqm
LAND AREA: 2,023 sqm
