6.5% NET RETURN - PRIME RETAIL COFFEE SHOP / OFFICE

Retail Sold - Teneriffe QLD

Sold

26/53 Vernon Terrace, Teneriffe QLD 4005

Retail
Land Size 0 squareMeterFloor Area 85 squareMeter
For Sale
Sold
Property Description

– 2 x tenancies Coffee Shop & Executive Offices
– 85m2: Dot’s Cafe 15m2 plus Alfresco 50m2
– Prime high traffic Teneriffe hub location
– Solid 5 year head lease Coffee Shop + Offices*
– Ideal growth Super Fund investment
– Net $52,725.09 at 6.5%.
– Includes exclusive use of one car park, additional income $3,152.73

Tenant 1 = Coffee Shop Rent $25,636.36
Tenant 2 = Office “Elixir Services’ Rent $32,900.00
Car Park = $3,152.73
Total Net Rent = $52,725.09

* Approx.

Act now to secure this Strategic Strata Investment.

Contact Exclusive Agent
Silvio Bevacqua
0402 410 410
[email protected]

Features
Property Location
26/53 Vernon Terrace, Teneriffe QLD 4005
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