95 Prince Edward Parade, Scarborough, QLD 4020

  • 297 sqm

Auction

Auction

RARE MULTI-TENANTED FREESTANDING INVESTMENT WITH 4.2 YEAR WALE

Coming to AUCTION on Wednesday October 6 (if not sold prior) this 297sqm* freestanding fully-tenanted retail centre on 602sqm* hosts one of the area’s busiest and well-established dine-in and takeaway restaurants, and a well-known and popular cafe.

***Virtual tour now available – please click 3D tour button above located on the main photo or on Property Highlights

KEY FEATURES

• 297sqm* GFA on a 602sqm* corner block

• Two long-term tenants on newly signed leases

• Currently returning $71,809.93 net p.a.

• 4.2 year Weighted Average Lease Expiry (WALE)

• Tenant 1 is a Thai restaurant occupying 217sqm*

• Tenant 2 is a Cafe’ occupying 80sqm*

• Eight car parks at rear plus ample street parking

• 1min walk to Scarborough waterfront

Our vendors are highly motivated and this property must be sold at Auction or prior to.

Auction In-Rooms (if not sold prior) Wednesday 6 October at 11am at Raine & Horne Commercial Office – 337 Gympie Road, Kedron.

*Approximately

For further information or to arrange an inspection, contact your EXCLUSIVE Raine & Horne Commercial agents today.

Listing ID 7734381

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Sales & Leasing Executive
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Sales & Leasing Executive

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Auction:
  • Wed October 06 at 11:00AM
Property Info:
  • Property ID: L9018669
  • Property Type: Retail
  • Building / Floor Area: 297 sqm
  • Land Area: 602.0 sqm