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Sold in Aug 2022

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MULTI-TENANTED FREEHOLD INVESTMENT

66-68 Shore Street West, ORMISTON, QLD, 4160


  • 3989 sqm
  • 1735 sqm
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MULTI-TENANTED FREEHOLD INVESTMENT

66-68 Shore Street West, ORMISTON, QLD, 4160


  • 3989   sqm
  • 1735 sqm

MULTI-TENANTED FREEHOLD INVESTMENT

Property ID: L17477187 |

  • 3989 sqm
  • 1735 sqm

On behalf of the vendor, Dugan & Co Property are pleased to offer this magnificent multi-tenanted property to the market.

Located on the homebound side of Shore Street, the main arterial road leading into Cleveland and situated on a fantastic corner position, this property has it all.

It is surrounded by other quality and national tenants, including BP, McDonald's, Keema Motors, Oldmac Motors, 7Eleven and IGA, to name a few.

Exposure is assured, with the property boasting 130m*of 2 street frontage. It has a site area of 3989sqm* and a nett lettable area of 1735sqm* with a nett rental of approximately $409,000* p.a.

The property is anchored by SRG Leisure Retail Pty Ltd (BCF) and has two other premium, long-standing tenants.

Rarely do we see properties of this quality come to market in this tightly held area, and with a WALE in excess of 5.4 years, I am sure this will be a very worthwhile investment for any astute buyer.

- Zoned Commercial Industry
- Anchored by National tenant BCF
- Other Long-standing tenants
- WALE of more than 5 years
- Over sixty onsite carparks
- Three fully air-conditioned tenancies

*approx

For more information or to arrange an inspection, please contact EXCLUSIVE AGENT Kevin Murdock from Dugan & Co Property.

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Sold in Aug 2022