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Ashgrove, 2/229 Waterworks Road

Fantastic Retail Investment in Tightly Held Area!

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Listing Number: QPA4428
About this listing
Located on Waterworks Road in Ashgrove is this extremely rare opportunity to purchase a leased investment property. The complex has great signage to both directions of passing traffic on Waterworks Rd and is one of only a few complexes with easily accessible off street parking. The tenancy is 66m2 of ground floor area currently tenanted by Cutting Gallery Hair Designs who will have a brand new 3 + 3 Year Lease returning $36,000 + Outgoings + GST per annum. It has one exclusive use carpark and ample visitor parking. Purchasing commercial/retail property in these boutique areas is hard as they are rarely available, so contact us now to secure this great property.
Property Information
  • Floor Area: 66 sqm
  • Tenure: Unit Title
  • Property Type: Office, Retail, Tenanted Investment
  • Floor Area
    • Retail Square Metres: 66
  • Tenancy 1: Area Sqm: 66, Rental net/gross p.a.: $36,000 + Outgoings + GST, Review Dates: 3% Annually, Rights of Renewal: 3 Years, Tenant Name: Cutting Gallery Hair Design, Term (years): 3 Years

Contact Details

NAI Harcourts Pinnacle Aspley

Shop 9, Aspley Fountain
1344 Gympie Rd
ASPLEY
Office website

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