Retail for Sale

1/10-14 William Berry Drive Morayfield, QLD 4506

$3,490,000Play Video
  • Building: 1,245m²

Contact the agent if you'd like further information.

Enquire with Agent
Retail for Sale in Morayfield

Tenanted Investment Adjoining Shopping Centre

  • Building: 1,245m²

We are pleased to present for sale the fully tenanted investment property located at 10-14 William Berry Drive, Morayfield. This multi-tenanted retail and showroom facility boasts an unmatched location and a stable mix of well-established, recession proof tenants adjoining Morayfield Shopping Centre.

Key Property Features:

  • 1,245m2 building
  • $226,788.90 net per annum (approx)
  • Central location in rapidly expanding catchment
  • 100% tenanted with well established long term tenants
  • Low average rent vs market
  • Signage income due to prominent location
  • 6.3 year WALE (building income)
  • Premium surrounding tenants including Toy World, Harris Scarfe, Shopping Centre

The property is for sale via Private Treaty. Please contact your marketing agents for more details or to arrange an inspection.

Building:

1,245m²

Categories:

Retail, Showrooms/Bulky Goods

Investment Information

Tenancy Status:

Fully Tenanted

Current Weekly Rent:

$4,361 *

Current Annual Gross Income:

$227,395 *

Current Annual Nett Income:

$204,396 *

Current Annual Other Outgoings:

$22,999 *

Current Annual Total Outgoings:

$22,999 *

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

Council:

Moreton Bay Regional

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

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