Property ID : 121662
Sold $3,500,000 - Retail
FULLY TENANTED ICONIC RETAIL INVESTMENT WITH UNBEATABLE EXPOSURE!
FAL Property Group is pleased to present 15 Samford Road, Alderley to the market for Sale via private treaty. This is an exciting opportunity for investors seeking passing income in an area with strong commercial and residential growth.
• 1,320sqm Land Area
• 547sqm GFA (Retail & Office)
• Fully Tenanted
• Prominent junction location
• Recently refurbished façade
• Exclusive carpark with 15 spaces
• Exposure to over 48,000 cars daily
This iconic building is located on the junction of Samford Road, South Pine Road and Enoggera Road in Alderley. The property offers tenants incredible signage exposure to over 48,000 cars daily. There is ample car parking on site, alfresco areas and covered walkways. The property is a fully leased investment with 6 tenants including a dentist, pharmacy, restaurants and a long-standing formal apparel store. The building has recently undergone significant refurbishments including roof repairs, a new awning, car park line marking, refurbishment of amenities and upgraded LED lighting surrounding the building. The property returns approximately $231,727.68 Net PA.
For a copy of the comprehensive IM please contact exclusively appointed agents FAL Property Group today.