14 Primrose, SHERWOOD QLD 4075For Sale Drastically Reduced
EXPRESSIONS OF INTEREST - CLOSE 30/04/2021 4PM
After a short stint in the market place, the seller’s circumstances have changed and
A SALE IS NOW A PRIORITY.
Retail/ Commercial Investment
Centrally located in the vibrant Suburban Shopping strip of Sherwood.
This 2 level building on top of security basement parking comprises 4 tenancies, 2 on ground level and 2 on first floor.
Anchored by a long term GOVERNMENT TENANT the annual net return from 3 long term tenants is $239,194p.a. (GST exclusive) plus $44,400 p.a. (GST exclusive) when the 4th tenancy is let, making a total return of approx. $283,560 nett p.a.
Less outgoings of approx $30,000 leaving a nett Return of approx $253,600
1,037 sq.m. land; Zoned DC2 District Centre
A first class building in a prime location
- Land is 1,037 m²
- Floor Area is 655 m²
- Street View
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