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SOLD

6/1395 Logan Road, Mount Gravatt, QLD, 4122

Properties / Sold / Queensland / Mount Gravatt

Tenanted Investment

1. Property Summary

Selling Method

Contact Agent

Selling Details

UNDER CONTRACT

Floor Area

49 m² (*approx)

Property Type

Retail

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2. Property Highlights

INVESTMENT WITH UPSIDE RENTAL GROWTH SOLID TRAFFIC LOCATION

- 49m2 Exceptional High Traffic

- Well established, very solid trading Thai Restaurant

- Paid all dues, no COVID support

- Potential to purchase business

- Net Rental $24,102 with all outgoings and GST paid by tenant

- Current lease runs to 31st January 2023 with 3 year option

- Partial equipment owned by property owner to be sold with property.

This shop was previously occupied by the very busy Hallowed Grounds Expresso Bar which had to move to larger premises allowing this current Thai Restaurant to takeover the premses and build their busy business. The owners of the business are not the property owners and should a business sale eventuate this would be separate to the property sale.

Remember to mention you found this property on CommercialReady.com.au