NEWSTEAD RETAIL INVESTMENT | CIRCA 6% YIELD!
Elders Commercial Brisbane are pleased to present to the market for sale a multi tenanted investment property within the highly sought after Newstead commercial precinct. 2/27 Commercial Road, Newstead presents the rare opportunity to secure a fully leased asset that returns a strong net return off the back of two well established businesses, El Café and Momiji.
Key features includes:
- 137m2 ground floor retail
- Split across two (2) tenancies
- One (1) secure car park
- WALE of 3.68 Approx.
- Net Return of $118,041.60*
- Huge Commercial Road exposure & signage
- Strong mix of surrounding office, retail & hospitality users
- Great connectivity to major arterial & thoroughfares
For more information or to book an inspection, please contact your Exclusive Elders Commercial Agent today!
- Suburb Newstead
- Property Type Retail
- Car Spaces 1
- Area 137 m2
- Status For Sale
- Property ID 7791307