Fully Leased, Multi Tenanted Investment

Description

Corwells are pleased to offer to the market 689-695 Cusack Lane, Jimboomba 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 $365,363.41* Nett plus GST pa
- Increasing to over $375,363 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 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 Luke Mullen from Corwells.

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

Jimboomba

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

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overview

  • 1P4636
  • Contact Exclusive Agent
  • Retail
  • For Sale
  • 689-695 Cusack Lane Jimboomba QLD
  • 880 sqm
  • 2113 sqm