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725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032
725 Gympie Road Chermside, QLD 4032

725 Gympie Road Chermside, QLD

Sold on 19 May 2017

Property Type Retail
Asking Price Sold for $6,550,000
Floor Area 1,204 m²
Land Area 5,200 m²

Freestanding Fully Leased Retail Investment

* 5200 m2 site
* 1204 m2 lettable area
* $625,690.04 gross income per annum
* Develop this site further when it suits your timing while you enjoy the passive income & consider future growth
* Local area plan allows higher density use
* 100 car parks approximately
* Contact Exclusive Marketing Agent Ben Armstrong for further details today - 0403 054 845
* AUCTION: 20th April 2017 11am LJ Hooker Commercial In Rooms - 6/3370 Pacific Highway, Springwood, QLD, 4127

The property comprises an older style strip retail centre divided into 15 shops fronting Gympie Road and Kuran Street. The building is set back from Gympie Road with 56 marked car parks to the front of the property plus an additional 44 car parks to the rear.

LOCATION:
Chermside is a suburb 9km from the GPO to the north side of Brisbane, Queensland, Australia. Chermside is a key destination along Queensland Transport's future Northern Busway. The property is 500m from Westfield Chermside Shopping Centre - Queenslands largest shopping centre with a 3 story Myer Store and a 16 screen cinema complex. The Suburb has been described as a mini CBD (source Wikipedia). Chermside has a growing medical indsutry with the Prince Charles Hospital, Holy Spirit North Side Private Hospital & multiple centres with GP's & Allied Health Services.


Key Property Details

  • Tenanted Investment


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