Investment offer with freehold showroom

Investment offer with freehold showroom

By Shelley Taylor on May 15 2018


Buy into the commercial sector with this freehold retail showroom which offers significant at Hillcrest in the Logan growth corridor.

A highly sought-after retail showroom serving the thriving Logan urban growth corridor, bounded by extensive industrial and commercial areas, has currently been listed on the commercial property market for sale located at 4/2 Central Court, Hillcrest.
 
Agent Derek J Wallbridge, Executive Agent, Business Broker and Valuer from LJ Hooker Commercial Gold Coast said this significant retail showroom has enjoyed continuous and successful occupancy for more than 18 years with the existing Lessee, the only reason for sale is because of family and other business commitments.
 
“The current lease is to December 2020 with a further 3-year option to existing current tenants,” he said.
 
“With a total showroom space of 353m2 the premise provides a split level, upper and lower entry with ample parking for customers, an easy delivery area and ready access to the regions excellent customer base and transport networks.
 
“The property is well suited to its current use as a major bedroom furniture and furnishings showroom
 
“This is a remarkable investment opportunity for only $720,000 with the current net rental being $56,533.43, it represents a solid 8 percent net return.
 
“This property ticks all the boxes and won’t stay on the market long with these facilities, the current tenant and location.”
 
For further enquires contact Executive Agent Derek J Wallbridge on 0418 845 188 or djwallbridge@ljhooker.com.au

 

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