Sold
Retail

Suite 102/53 Endeavour Boulevard North Lakes, QLD 4509

Sold on 16 Jul 2021
  • Building: 116m²
  • Land: 5,000m²
Agents

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Retail in North Lakes

Secure 5 year Lease to Globally Recognised Franchise Showing 5.9% Net Yield

  • Building: 116m²
  • Land: 5,000m²

+ Secured 5 year lease plus 3 x 5 year options to "Club Pilates" - globally recognised franchise offering high-quality training and equipment for members

+ Tenants have invested $155,000 to transform the tenancy giving them an industry leading look

+ Current rental return of $65,000 per annum + outgoings + GST

+ 116m²* ground floor strata tenancy

+ Located within the super centre precinct with 260 food/retail/service businesses

+ Surrounding population of 67,000 provides excellent customer base for tenants

+ Multi-level customer and staff parking with tenancy allocated 2 car park spaces

+ Major highway access within 2 minutes drive

Call or email David Brinkley or Tracey Ryan to inspect the property or find out about other suitable options.

* Approx.

Building:

116m²

Land:

5,000m² / 1.24 acres

Categories:

Retail, Offices

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

Suite 102/53 Endeavour Boulevard, North Lakes, QLD 4509