Retail for Sale

828 Old Cleveland Road Carina, QLD 4152

Sale Price: Contact Exclusive Marketing Agents3D Tour Floorplan

Building: 1,109m²
Land: 1,486m²

Contact the agent if you'd like further information.

Enquire with Agent

Retail for Sale in Carina

$6,100,000 (5.8%) Commanding Brisbane Retail Centre With Upside

Building: 1,109m²
Land: 1,486m²

Next Steps:

Enquire with agent

Additional Information:

Floorplan

RWC Gateway in conjunction with RWC Retail are proud to present 828 Old Cleveland Road for sale via Private Treaty. An incredible opportunity to acquire a freehold, multi tenanted investment in the heart of Carina's commercial precinct.

This property boasts an expansive 43m* frontage to Old Cleveland Road, one of Brisbane's main arterial road connecting Capalaba to Stones Corner. Investors & developers have the opportunity to acquire a strategic investment that not only provides a steady income stream but also offers the added benefit of being a significant land holding in a prominent location in Brisbane's strong real estate market.

Property features:

1109sqm* of building area across 2 levels
1486sqm* District Centre site with dual street access (Old Cleveland Road & Waratah Avenue)
Diverse tenancy mix with Medical / Allied Health, Retail, Fitness, Consulting etc
Current gross income of $436, 856.08* P.A + GST with 2 Year rental guarantee on vacant tenancy
Significant redevelopment potential with a 4 storey building height limit (STCA)
22* on site parking spaces
Population of 66,636* within a 3*km radius of the property and a household medium income of $136,827* ^
4km* to the Gateway Motorway
8.5km* to Brisbane CBD
16km* to Brisbane Airport

Sale Price: $6,100,000

For further information or to arrange an inspection please contact the Ray White Commercial exclusive marketing agents for further information.

* Approx.
^ IQ Census

Building:

1,109m²

Land:

1,486m² / 0.37 acres

Zone:

District Centre

Tenancy:

Tenanted

Categories:

Retail, Medical/Consulting, Offices

Next Steps:

Enquire with agent

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This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply