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14 Discovery Lane, Mount Pleasant, QLD, 4740

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14 Discovery Lane, Mount Pleasant, QLD, 4740

Mount Pleasant

SOLD
14 Discovery Lane, Mount Pleasant, QLD, 4740
Properties / Sold / Queensland / Mount Pleasant
Tenanted Investment
Selling Method
Private Sale
Selling Details
$2,900,000
Land Area
5,790 m² (*approx)
Floor Area
1301 m² (*approx)
Property Type
Retail, Other, Health/Medical
Sub-type
Large Format, Health Care & Medical
Est. Income
$216,810 p/a
Fully Leased
Choices Flooring, L'Amour
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7.50% Large Format Retail Centre With National Anchor!

RWC Retail are proud to present 14 Discovery Lane, Mount Pleasant. For sale (7.5%) $2,900,000

|What|

• 1,301sqm* Large Format Retail (LFR) Centre

• Anchored by Choices Flooring, who underpin 74% of the centre (by area)

• Supported by popular home furniture brand L'Amour

• Potential to owner-occupy up to 342sqm*, ideally suited to retail, medical and office tenants

• 72 on-site parking bays

• Est. Fully Leased Net Income of $216,810 + GST p.a.

|Where|

• Commanding 5,790sqm* corner land parcel with exceptional frontage to the intersection of the Bruce Highway and Sams Road arterial

• Exposure to over 364,000 vehicles weekly

• North-West of the Mackay CBD in a thriving retail and medical precinct

• Just 200m* to the Mater Private Hospital

|Why|

• Anchored by the only Choices Flooring location in Mackay, one of 140 locations nationwide

• Immediate rental upside potential with a newly vacant 138sqm* space, and potential to release an under-rented 204sqm* tenancy

• Substantial development potential, with a recently lapsed approval for an additional 1,131sqm* of lettable area.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

14 Discovery Lane Investment Summary

Property Type
Retail, Other, Health/Medical
Sub-type
Large Format, Health Care & Medical
Est. Income
$216,810 p/a
Tenant
Choices Flooring, L'Amour
Land Area
5,790 m² (*approx)
Floor Area
1301 m² (*approx)
Selling Method
Private Sale
Selling Details
$2,900,000

Investment Highlights

7.50% Large Format Retail Centre With National Anchor!

RWC Retail are proud to present 14 Discovery Lane, Mount Pleasant. For sale (7.5%) $2,900,000

|What|

• 1,301sqm* Large Format Retail (LFR) Centre

• Anchored by Choices Flooring, who underpin 74% of the centre (by area)

• Supported by popular home furniture brand L'Amour

• Potential to owner-occupy up to 342sqm*, ideally suited to retail, medical and office tenants

• 72 on-site parking bays

• Est. Fully Leased Net Income of $216,810 + GST p.a.

|Where|

• Commanding 5,790sqm* corner land parcel with exceptional frontage to the intersection of the Bruce Highway and Sams Road arterial

• Exposure to over 364,000 vehicles weekly

• North-West of the Mackay CBD in a thriving retail and medical precinct

• Just 200m* to the Mater Private Hospital

|Why|

• Anchored by the only Choices Flooring location in Mackay, one of 140 locations nationwide

• Immediate rental upside potential with a newly vacant 138sqm* space, and potential to release an under-rented 204sqm* tenancy

• Substantial development potential, with a recently lapsed approval for an additional 1,131sqm* of lettable area.

Remember to mention you found this property on CommercialReady

Read More

Supporting Information

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Tenanted Investment

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14 Discovery Lane, Mount Pleasant, QLD, 4740 Mount Pleasant
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