Sold
Retail

2-8 Yalumba Street Kingston, QLD 4114

Sold for $1,350,000 on 14 Oct 2021
  • Building: 1,402m²
  • Land: 5,674m²
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Retail in Kingston

FULLY TENANTED RETAIL CENTRE WITH FUTURE DEVELOPMENT POTENTIAL

  • Building: 1,402m²
  • Land: 5,674m²
  • Corner location with fantastic exposure on 5,674sqm* of land
  • Total Building area approximately 1,402sqm* over 11 tenancies
  • Current Income $147,519.84 gross, excluding GST (as of 28th July 2021)
  • Annual Outgoings approximately $73,400* (as of July 2021)
  • Centre is anchored by long established Convenience/Foodstore
  • Directly opposite Kingston Tint Tots Early Learning Centre
  • Walking distance to Kingston's Number 1 Private College,(Groves Christian College)
  • Dual driveway access with approximately 160 on-site car parks*
  • Situated 5 minutes* from Logan Central business precinct
  • 25 minute* drive to Brisbane City and 40 minute* drive to The Gold Coast
  • Surrounded by a residential catchment of approximately 4,000 people*
  • Potential development opportunity (STCA)
  • Holding income with future growth opportunity
  • Motivated vendor wants this property SOLD!

EOI CLOSING 5PM ON FRIDAY 17TH SEPTEMBER 2021 (unless sold prior)

(Approximately *)

Building:

1,402m²

Land:

5,674m² / 1.4 acres

Tenancy:

Vacant

Categories:

Retail, Offices, Showrooms/Bulky Goods

2-8 Yalumba Street, Kingston, QLD 4114