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Retail

65 Blackstone Road Eastern Heights, QLD 4305

Sold for $550,000 on 16 Feb 2022
  • Building: 280m²
  • Land: 720m²
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Retail in Eastern Heights

SOLD BY LES SVENSSON!

  • Building: 280m²
  • Land: 720m²

6% Net Return + 1 Bedroom Residence

Great investment opportunity on a 720m2 block. Two storey air conditioned retail/office building, residence at rear and off street parking. Increase your return by renting out the residence for approx $225/wk

  • Local retail and commercial zoning
  • Lower Level - 95m2 with gross rent $14,400/yr with same tenant since 1/8/2014
  • Upper level - 95m2 with gross rent $13,800/yr, term lease commenced 1/1/2019
  • Established Bakery - new 5x5 lease with gross rent of $18,200/yr
  • 8 carparks at rear.
  • Ideally located in the sought after area of Eastern Heights, walking distance to Coles and minutes to the Ipswich CBD.
  • Great investment opportunity, call for an IM and inspection today!
Building:

280m²

Land:

720m² / 0.17 acres

Tenancy:

Vacant

Categories:

Retail, Offices

65 Blackstone Road, Eastern Heights, QLD 4305