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Retail in Sandgate
Waterfront Residential & Retail Investment
- Building: 1,230m²
- Land: 1,093m²
Ray White Commercial QLD, in conjunction with Ray White Special Projects QLD, are pleased to present to the market 90 Flinders Parade, Sandgate QLD. On offer is a high profile residential and retail investment prominently located along the well known waterfront of Sandgate.
- Fully leased dual income investment in a well established residential and tourist destination
- Securely leased to Baaia Cafe and Sandgate Fishmongers who trade very well in this high traffic location
- These ground floor retail shops have been 100% occupied for over 18 years without vacancy
- 12-room residential boarding accommodation with some long term tenants having occupied their rooms for up to 28 years
- Irreplaceable and high profile 1,093sqm* land parcel
- Located just 16km* from the Brisbane CBD with easy access to the Airport
- Affluent suburb with $850,000 median house price that is 54% above the QLD average**
- Fully leased net income $164,309* + GST pa
Presented to the market for sale by Public Auction 10:15am (AEST) Friday, 26 November 2021.
Inspection Times
- Wednesday 3 November : 4:30-5pm
- Saturday 6 November: 11am to 11:30am
- Saturday 13 November: 11am to 11:30am
- Saturday 20 November: 11am to 11:30am
- Wednesday 24 November: 4:30-5pm
Building:
1,230m²
Land:
1,093m² / 0.27 acres
Tenancy:
Tenanted
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