Fully Leased, Multi Tenanted Investment

Description

Corwells are pleased to offer for sale 689-695 Cusack Lane, Jimboomba as a fully leased multi tenanted investment.

- Freehold complex of 880sqm on 2,113sqm of land
- Currently returning $359,942.02* Nett plus GST pa
- Increasing to over $369,000 with additional income from 1st Aug 2022
- 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, the Colonial Village benefits from fantastic exposure to two of Jimboomba's busiest streets and is located in the heart of Jimboomba's commercial precinct. Jimboomba is situated on the Mount Lindesay Highway with both the Logan Motorway and the Gateway Motorway approximately 20 minutes away. It's a thriving regional area only 45 minutes to Brisbane CBD and 45 minutes to Nerang on the Gold Coast.

*Approximately
**Excluding Shop 7 (11sqm) being a Gross Lease

Jimboomba

689-695 Cusack Lane
Contact Exclusive Agent
Land Size: 2113 sqm

overview

  • 1P4636
  • Contact Exclusive Agent
  • Retail
  • For Sale
  • 689-695 Cusack Lane Jimboomba QLD
  • 880 sqm
  • 2113 sqm
  • Centre Zone under Local Plan