Freehold – Restaurant – Real Estate

For Sale

·
Brisbane North

Business Code: TTQN1093KH

$2,350,000
Key Features: Regular rental income - Good investment plus future redevelopment opportunity. - Great overall location - Great public transport access - 18000 plus vehicles passing every day - Multiple development opportunities.
State: QLD
Suburb: Albany Creek
Location: Situated within the commercial precinct of an established residential suburb located approx.19 km. North of the Brisbane CBD.Middle of Albany creeks commercial precinct which major food franchises and liquor franchises.
Premises: This commercial property has a building area of 387 sq.mts. on 884 sq.mt. block of land.

Owner wanting to sell the freehold and retire

Sale Reason

Lots of car car parking spaces at the front. of the building.

Parking

Not applicable.

Employees

Freehold commercial property for sale with an Italian Restaurant / Bar as t + 3 year options – Regular rental income – Good investment plus future redevelopment opportunity. – Great overall location – Great public transport access – 18000 plus vehicles passing every day – Multiple development opportunities.The selling price only includes the equipment in the restaurant.

Features

Regular rental income - Good investment plus future redevelopment opportunity. - Great overall location - Great public transport access - 18000 plus vehicles passing every day - Multiple development opportunities.

Potential

Redevelopment opportunity to construct two floor commercial building with offices upstairs and 4 shops downstairs.

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.

Weekly Summary

Figures include GST unless stated otherwise

Price
$2,350,000
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