Every now and then an opportunity comes along...
Let's start with the Potential return - around 8%
Existing long established Business operating from these premises for 15 years - who are potentially willing to sign a 5 year lease plus the possibility of another 5 years at an annual rent of $57,200...
That's a very generous return on investment - Simple mathematics.
For the home buyer looking for a sprawling home on a oversized block - the tenant would be willing to move on and with an extended settlement to accommodate.
The house could easily be converted back to a generous sized 4 bedroom home... Sitting on over 1/2 acre of unobstructed clear site- also offering a large workshed at the rear with plenty of off street parking.
The property is in a Prime location - very close to the hub of the Capalaba shopping precinct.
This is a unique opportunity and will attract strong interest.
Don't delay your enquiry & inspection...
Very motivated sellers looking for action NOW...
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