Boronia Heights QLD 4124

Contact Agent

22 parking

INVESTMENT OPPORTUNITY- GREAT LOCATION

Rare investment opportunity in Boronia Heights, Queensland situated off Mount Lindesay Highway
with unrivalled exposure.
This purpose built commercial premises presents a genuine value and
investment opportunity with significant street presence.

The block is currently occupied by 3 tenants;
The iconic Rainbow Mandarin Buffet Chinese Restaurant (shop 2),
Popular Gothic Realm Tattoo and
Barbers (shop 1) and Max Support Services, a disability support provider (shop 6).
Rainbow Mandarin and Gothic Realm have been trading here for almost 20 years
and Max Support Services 19months

All enjoy strong local support. Shop 5 is currently vacant and was occupied formerly by a
Real Estate rental agent and has an office fit out.

There is ample parking at the front and rear of the
premises and shared toilet facilities.

Key Features Include:
High traffic exposure corner site on main road with strong street presence
5 mins from Logan Motorway connecting Ipswich to Brisbane and Gold Coast
Rental Income: $121,633 p.a*(as at 01/01/2022)
Net Lettable Building 638 sqm* over 4 tenancies Restaurant/Retail/Office mix:
80 seat Chinese Restaurant
242 sqm floor area, rent $1,400 per week ($72,800 p.a), leased until 22/12/2025*
Tattoo & Barber Shop
76 sqm floor area, rent $2,600 per month ($31,200 p.a), leased until 12/2/2026*
Disability Support Services Office
131 sqm floor area, rent $1,469 per month ($17,633 p.a), leased until 7/5/2023*
Vacant: Real Estate Office formerly
189 sqm floor area, rented previously $1,700 per month ($20,400 p.a)*
22 car spaces at front and rear of property*
Toilets at rear of property

As requested, I have attached all the documents for the sale of 2 Frederick Street, Boronia Heights.

This includes Earning capacity, Terms of tenancy agreement, Floor & Building plan, Council rates, Body corporation fees, Profit & Outgoing Expenses.
PLEASE CONTACT :

Telly Kournoutos
0421 459 516
telly@oxbridge.com.au

Property Details

• Type: Retail
• Land Area: 3,622 m² (approx)
• Tenancy: Tenanted