152 Woogaroo St, FOREST LAKE Queensland 4078

For Sale Contact Agent for Details
Property Details

152 Woogaroo St, FOREST LAKE Queensland 4078

For Sale Contact Agent for Details
Retail
Description

Trophy Retail Investment with Upside

Retail - FOREST LAKE Queensland

– FULLY LEASED
– NATIONAL TENANTS
– STRONG RENTAL UPSIDE

Dugan & Co Property proudly presents 152 Woogaroo St, Forest Lake, for Sale. This strategic retail investment represents a rare opportunity to acquire a fully leased retail asset in a high growth region with national brand tenants, secure income stream and rental upside.

This sought after investment opportunity with rental upside features the following:

– 10 Fully Leased tenancies with long term leases in place
– Estimated passing net income: $424,283.08** per annum plus GST.
– Newly refurbished 893sqm* building with excellent tax depreciation
– A landmark 2,245sqm* corner site landholding on a roundabout with massive exposure
– Vibrant precinct with well-regarded occupants including Harcourts, NGU Real Estate, QML & Foodworks.
– Strong annual income growth of 3% & 4% fixed rental reviews.
– Quality finishes with excellent tenant signage and illuminated pylon board.
– 36 Car spaces, plus Disabled car space and Loading Zone.

For Sale Via EIO Closing the 20th of JUNE 2024 at 5pm (if not sold prior).

Contact exclusive agent Paul Dugan & Patricia Valinho at Dugan & Co Property today to learn more and secure this lucrative investment.

*Approximate.**Approximate from 1st July 2024

Property Features
  • Retail
  • Land is 2,245 m²
Commercial Features
Highlight 1

893sqm* FLOOR AREA

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