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Retail

8/12-18 Discovery Drive North Lakes, QLD 4509

Sold for $396,000 on 16 Dec 2024
  • Building: 64m²
  • Land: 63.5m²
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Retail in North Lakes

Secure Commercial Investment Opportunity

  • Building: 64m²
  • Land: 63.5m²

Highly Recommended!

Location: Ground Floor
• Area: 63.5 m2, approximately.
• Two (2) designated car parks
• Car Parks: Total 135 approx.
• Benefiting from 4 street frontages
• Close proximity to "Westfield: North lakes
• Internal Design: Professional fitout including: Reception area, three (3) occupational rooms and kitchenette
• Freshly painted throughout, new flooring, tinted glass front panel doors
• Air-conditioning throughout.
• Lease + Options = 4 +3 +3 years from February 2022. Review to Market every 3 years after first term.
• Annual 4.0% Increases
• Rental: $23,101.92 nett per annum + GST

Uplift: We see potential increases upon market review at the end of the initial term for further capital appreciation

Why you should consider this property as your first or next investment property: Read on..

BENEFITS

The tenant comes "Highly Recommended" has an excellent track record [payment on time ] over these last 2 years. Highly qualified in the Beauty / Cosmetic industry.

This property is part of a "LANDMARK" development in the successful business precinct of North Lakes .Offering Tenants of a mix use, under the "Mango Hill Development Control Plan"
The combined Evergreen & Wellness Centres have generous Signage ; Internal ,external , pylon & illuminated signs.
On Site Cafés and licenced Restaurant 'for owners, tenants, and client's convenience.
With a cross section of Professionals , Quasi Medical, Accountants , Dentists, Psychiatry , Insurance , Beauty & Skin Care, Body Spa , Wellness etc.
Convenient Location to the renowned "Westfield Town Centre " 3 Majors & 80 stores and adjoining other Major Retail, Brand names, Entertainment & Services of every description.

Assuring the security of this investment, now and the future .

Building:

64m²

Land:

63.5m² / 0.02 acres

Tenancy:

Vacant

Categories:

Retail, Offices, Medical/Consulting

8/12-18 Discovery Drive, North Lakes, QLD 4509