Located on Brighton Road in Sandgate, this property represents a rare opportunity to secure a recently refurbished multi-tenanted commercial/retail investment, with minimal maintenance required, in a growth area on the edge of the Brisbane City Council. The Sandgate commercial precinct has been a tightly held area historically and this property presents purchasers with great opportunity to secure a first class multi-tenant investment right in the center of Sandgate.
27 Brighton Road is 350m from the waterfront and 250m to the Sandgate Training Station, located across the road from the Woolworths centre as well as the Aldi Centre and surrounded by a number of local cafes, restaurants and retailers including Chemist warehouse, Commonwealth Bank Australia, Cafe 63 and F45 to name a few.
- Currently leased to 5 tenants returning $327,386.80 + Outgoings + GST per annum
- Anchored by quality long term tenants Anytime Fitness, H&R Block, APM & Westpac Corporation
- Brand new 10 year lease to Anytime Fitness with 2 × 5 year options
- Strong WALE of 5.86 years
- Newly refurbished throughout complete with disability compliant amenities
- Situated on a 786sqm allotment on Brighton Road, Sandgate
- Located only 350m from the Sandgate waterfront & 250m to Sandgate Train station/Bus interchange
- Positioned in the heart of the growing Sandgate region
- Ideal for passive investor or SMSF looking for a steady income stream
Auction In-Rooms (if not sold prior) Wednesday 27th November 2019 at 11am at Brisbane Riverview Hotel, Kingsford Smith Drive, Hamilton.
For further information or to arrange an inspection, please contact your EXCLUSIVE Raine & Horne Commercial agents.
Listing ID: 21403589