170 Hardgrave Road West End, QLD 4101
170 Hardgrave Road West End, QLD 4101
170 Hardgrave Road West End, QLD 4101
170 Hardgrave Road West End, QLD 4101
170 Hardgrave Road West End, QLD 4101
170 Hardgrave Road West End, QLD 4101
170 Hardgrave Road West End, QLD 4101
170 Hardgrave Road West End, QLD 4101
170 Hardgrave Road West End, QLD 4101
170 Hardgrave Road West End, QLD 4101
170 Hardgrave Road West End, QLD 4101
170 Hardgrave Road West End, QLD 4101

170 Hardgrave Road West End, QLD

Sold

Property Type Retail
Asking Price Sold
Floor Area 507 m²
Land Area

Premium Freehold Investment on 640Sqm Land Area. Fully Leased.

* LJ Hooker are pleased to present 170 Hardgrave Road, West End to the market. For sale for the first time in 24 years.
* 507sqm approx total building area occupied by two retail shops and 1 residential tenancy.
* Rare opportunity to secure 100% leased freehold site in West End.
* 346sqm. Ground floor Retail. 100% leased by Lefkas Tavern. Gross rental: $136,000 + GST. Leased until 31/03/2023. 2 x 5 Year Options.
* 89sqm. Ground floor Retail. 100% leased by Patcharin Thai. Gross Rental: $41,000 + GST. Leased until 27/08/2023. 1 x 5 Year Option.
* Both retail tenancies pay for all services they consume and split the water bill 70/30
* 72sqm Upstairs Residential. 100% Leased at $300 per week. 2 Bedroom, 1 Bathroom.
* Total Gross Income: $192,600 + GST
* Outgoings: Rates & Building Insurance: $17,938 (excludes land tax).
* Net Income: $174,662 + GST (excludes land tax).
* Easement provides rear access to the land from Loch Street. 183m² rear parking/loading dock area.
* Grease trap, exhaust, gas etc onsite.
* Contact Manoli Nicolas on 0400 082 170 for further details and inspection today.

BUILDING AREA: 507 sqm
LAND AREA: 640 sqm