CHARACTER FREESTANDER WITH HOLDING INCOME

A RARE neighbourhood centre zoned freehold corner site is available to purchase in a popular retail precinct in the heart of Toowong.

This is a genuine opportunity for owner occupiers looking to situate a business within a classic character building that also provides great exposure, or savvy investors looking to secure a piece of this tightly held inner city fringe suburb and with a significant rental income upside and development potential (STCA).

Key features include:
– NLA of 150sqm currently split into two shop fronts/ Land Area 288sqm.
– Excellent rental income upside
– Additional 70sqm Deck with architectural plans drafted to create another shop/add NLA (*subject to final DA approval)
– Great exposure to Dean Street – a vibrant retail precinct in a high traffic area
– 1 on-site car spaces at rear
– Abundant storage
– Shop 1 is 100% solar powered
– Holding income till July 2026.
– Outgoings: $10,780 pa

Contact Jeremy Conybeare today for an IM.