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193 Cavendish Road, COORPAROO
SOLD
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For Sale
Property Details
Property Type
Retail
Land/Development
Offices
Land 819m²
Floor 240m²
Parking 12
Extremely Rare Opportunity! Premium Investment With Development Upside!
LJ Hooker Commercial Brisbane are proud to present 193 Cavendish Road, Coorparoo, to the market for immediate Sale.
• Fully leased investment with development potential.
• High Profile Cavendish Road site with prominent 20m approx. frontage.
• 819sqm expansive land area with abundant exposure.
• LMR 2. Low-Medium Density Residential (2-3 Storey) Mix Zoning.
• Future development opportunity and suitable uses (subject to council
approval)
• 240sqm building area. Previously 3 shops.
• High quality internal fit out, impressive glass façade. Fully airconditioned, refurbished internally and externally.
• 3 phase power, grease trap, other critical infrastructure.
• Currently leased to Premium Pilates. 5x5 Year Lease. Commenced 1/3/2020. Lease details available on request.
• Gross Income: $100,449 + GST.
• Outgoings: $15,721.00 per annum approx (Bcc Rates, Urban Utilities, Building Insurance). Net Income: $84,778.
• Act Immediately. The vendor has provided their clear instructions to ensure the property is sold
• Contact Exclusive Agent Manoli Nicolas on 0400 082 170 or [email protected] for inspection today.
PRICE: Submit Offers to Purchase
BUILDING AREA: 240 sqm
LAND AREA: 819 sqm
Property Brochures
- Property ID 1HX4GCF
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Property Sidebar
For Sale
Property Details
Property Type
Retail
Land/Development
Offices
Land 819m²
Floor 240m²
Parking 12
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