Fully Leased Multi-Tenanted Investment (8% Yield)

689-695 Cusack Lane JIMBOOMBA QLD 4280

Corwells are pleased to offer to the market 689-695 Cusack Lane as a fully leased multi-tenanted investment.

Key features of this offering include;

- Freehold retail commercial complex
- Surveyed lettable area of 880sqm
- Complex positioned on 2,113sqm of land
- Currently returning $417,280.54* Nett plus GST pa
- Favourable nett leases - tenants pay all usual outgoings**
- Comprising of 16 individual tenants over 17 tenancies
- Complimentary mix of tenants
- Prime Highway position, neighbouring Woolworths, Coles and Dan Murphy's

Situated on the corner of Cusack Lane and Brisbane Street in the heart of Jimboomba's commercial precinct. The property benefits from fantastic exposure to one of Jimboomba's busiest intersections. This thriving regional area is located 45 minutes from Brisbane CBD and 60 minutes from the Gold Coast, with convenient access to the Logan and Gateway Motorways via the Mount Lindesay Highway that directly services Jimboomba.

For more information or to obtain a copy of the Information Memorandum please contact Trevor Richards from Corwells.

**Excluding Shop 7 (11sqm) and Shop 17 (32sqm) being a Gross Lease (approx 5%)

Agent Details

Trevor Richards

Trevor Richards

P : 07 3056 0588

M : 0468 316 555

Email Agent

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Property information

  • Project ID 1P7923
  • Price Contact Exclusive Agent
  • Suburb Jimboomba
  • Property Type Retail
  • Land Size 2113 sqm
  • Building Size 880 sqm
  • Zoning Centre Zone under Local Plan