Showrooms/Bulky Goods for Sale

2/10-14 William Berry Drive Morayfield, QLD 4506

$4,100,000Play Video
  • Building: 1,553m²

Contact the agent if you'd like further information.

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Showrooms/Bulky Goods for Sale in Morayfield

Triple Net Lease - New 10 Year Term

  • Building: 1,553m²

Ray White Commercial North Coast Central are pleased to present for sale, 2/10-14 William Berry Drive, Morayfield.

This iconic property has long been a landmark of the Morayfield retail precinct, with unbroken tenure of over 25 years as a bowling alley. The strong lease covenant, flexible building design and zoning, as well as ample car parking provides the ultimate future-proof investment in one of the fastest growing shires in the country.

Key features include:

  • New 10 Year lease with options to 2042
  • Extensive internal refurbishment recently completed
  • Returning a net income of $288,600.00 per annum
  • Flexible "Morayfield Centre" zoning in SEQ Principle Activity Centre
  • Adjoining Morayfield Shopping Centre and high profile national tenants
  • 3% fixed annual reviews
  • 108 solar panels (20kw)

For further information or to arrange your inspection, please contact Chris Massie today

Building:

1,553m²

Categories:

Showrooms/Bulky Goods, Retail

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

Council:

Moreton Bay Regional

Title Scheme:

Community Title

* 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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