Rare City Fringe Investment with Upside
Value add potential
Future Development Upside
- Multi-tenanted freestanding 630sqm* two storey building
- Diverse cash flow from 5 tenants returning $193,479*pa net + outgoings + GST
- 1,440sqm* Land holding over 3 lots with dual street access
- Flexible District Centre & High Density Residential zoning
- Directly opposite recently revamped Lutwyche City Shopping Centre
- Majority of income from medical related businesses
- Possible amalgamation of neighbouring properties
- Future reposition / redevelopment potential
Auction In-Rooms (if not sold prior) Wednesday 23rd October 2019 at 11am at Brisbane Riverview Hotel, Kingsford Smith Drive, Hamilton.
For further information or to arrange an inspection please contact Exclusive Agent Raine & Horne Commercial.
Listing ID 3860644