* Quality multi-tenanted investment
* Net passing income of approximately $598,000 pa Net
* Anchor tenant ‘Amart Sports’ leased til end 2023
* Large 1.11 ha commercially zoned allotment
* Potential upside (STCA) with low site coverage (approx. 30%)
* Ample on-site car parking
* Strategic corner position with great access
* 110 metre frontage to Gympie Road
* Potential for rental reversion with very reasonable rents in place
* Extremely rare opportunity please enquire for full information
* Expression of Interest campaign closing 3pm, 12th August 2014
Lawnton , some 35 minutes from the CBD, is dissected by busy Gympie Road which is fronted by a number of large showrooms and retail centres benefiting from the high volume of passing traffic that use the arterial as the major connecting road into town. The suburb has a very active industrial precinct with both rental and sales rates making the area an attractive option for prospective tenants and owners alike. New developments continue to press forward providing a multitude of opportunities for those looking in area as well as providing upgrades to road networks and enhancing the precincts profile.
For further information or to arrange an inspection please contact Dillon Murphy or Trent Bruce of Raine and Horne Commercial.
Listing ID 6679800