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Commercial Brisbane

Teneriffe Retail Investment – Riverfront Location

Lot 70/39 Vernon Terrace, TENERIFFE QLD 4005

Sold
L9464398 - Sold
Teneriffe Retail Investment – Riverfront Location
This property is currently not available.

This Stata Tilted Shop is located in the “Goldsborough Place” Unit residential complex. It was originally leased to a well-known restaurant for many years since built but became vacant in 2019 and now leased to a publicly listed company operating Lifestyle and Fitness Centres. The shop has an outside exclusive use area of 117 m2 which is enclosed by heavy duty plastic drop covers and Council approved. The shop has unrestricted riverfront and park views. This location is unique and would be highly sought after for future tenants or owner occupiers.
• 5 + 3 Lease in place
• Tenant part of publicly listed group
• Nett rent of $79,567 per annum
• Tenant pays 100% of outgoings.
• First time offered since built.
• Common area parking for 14 cars for commercial users only
• Secured Investment opportunity in this location.

For more information or to arrange an inspection, please contact the exclusive marketing agents, Commercial Brisbane in conjunction with Tom Chan.

Disclaimer:
All information provided has been obtained from sources we believe to be accurate.
However, we accept no liability for any errors or omissions, and we cannot guarantee the information is accurate, including, but not limited to, a property’s land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.

Tom Chan
0732626665