SBX Business Brokers Phone : 02 9439 ****

Freehold - Restaurant - Freehold - Restaurant - Development Opportunity - Brisbane Qld

Listing Id : 236256

Location : Queensland - Albany Creek

Category : Real Estate Agency

Asking Price : 1,550,000

Business description

Freehold - Restaurant - Brisbane North - Agent SBX Code Number: TTQN1093 Freehold commercial property for sale with an Italian Restaurant / Bar as the only tenant currently paying $79,000 p. a. with a lease that expires 31 July, 2019 + 1 + 3 year options. Potential Redevelopment opportunity to construct two floor commercial building with offices upstairs and 4 shops downstairs. Features Regular rental income -Good investment plus future redevelopment opportunity. - Great overall location. Premises This commercial property has a building area of 387 sq.mts. on 884 block of land. Location Situated within the commercial precinct of an established residential suburb located approx.19 km. North of the Brisbane CBD. Comments Excellent opportunity for investor with regular rental income and redevelpoment potential. -Immediate & future development opportunity zoned District Centre under the MBRC Planning Scheme. - Tenant pays all landlords outgoings except for Land Tax of $2725 per annum. Figures Weekly Sales $1520 Rent (ex GST) $0 Wages $0 Profit $1468 Agent SBX Code Number: TTQN1093 - SBX Business Brokers

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