Property Details
26/53 Vernon Terrace, Teneriffe QLD 4005
SoldRetail
Description
6.5% NET RETURN - PRIME RETAIL COFFEE SHOP / OFFICE
Retail Sold - Teneriffe QLD
– 2 x tenancies Coffee Shop & Executive Offices
– 85m2: Dot’s Cafe 15m2 plus Alfresco 50m2
– Prime high traffic Teneriffe hub location
– Solid 5 year head lease Coffee Shop + Offices*
– Ideal growth Super Fund investment
– Net $52,725.09 at 6.5%.
– Includes exclusive use of one car park, additional income $3,152.73
Tenant 1 = Coffee Shop Rent $25,636.36
Tenant 2 = Office “Elixir Services’ Rent $32,900.00
Car Park = $3,152.73
Total Net Rent = $52,725.09
* Approx.
Act now to secure this Strategic Strata Investment.
Contact Exclusive Agent
Silvio Bevacqua
0402 410 410
[email protected]
Property Features
- Retail
- Floor Area is 85 m²