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Overview
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1296967
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Sold!
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143 sqm
Description
Trendy Retail Investment in the Popular Teneriffe District
This trendy cafe precinct lies in the ever evolving Tenneriffe riverside suburb of Brisbane. Developed in 2006, London Quarter comprises a mix of 9 tenancies servicing 115 apartments in the London Woolstore complex and surrounding precincts. This tenancy offers a secure long term investment. Details are;
Lease Commencement: 1 April 2013
Term: 5 years + 5 years
Expiry: 31 March 2017
Current Net Income: $47,449.46
Annual Review: 4%
Sale Price: $595,000
Area: 41m2 + outdoor alfresco dining
Perfect for the self managed super fund, this investment opportunity ticks all the boxes. Call Gavin Moore now for further information.