* Prime Freehold Investment, only 2 blocks from the Esplanade. Fully leased. Currently 2 shops.
* Shop 1: Leased to Twinkle Arts. Existing lease until 31/01/2025. Rent: $26,523. Gross per Annum + GST. 70sqm approx.
* Shop 2: Leased to Funky Yeah. Existing lease until 6/3/2023. Rent: $27,849. Gross per Annum + GST. 70sqm approx.
Total Income: $54,372.76 per annum Gross + GST.
* Outgoings: Rates: $5317.40 per annum. Urban Utilities: $1344 per annum. Total: $6661.40 Per Annum.
* Total Building Area: 140sqm approx. Total Land Area: 405sqm.
* Zoning: Mu2. Mixed used. (Centre Frame) Massive main road exposure to Bay Tce & Signage opportunities. Future development potential (subject to council approval).
* Glass shop fronts to both tenancies. Front and rear access to both shops and rear amenities.
* Easement through Edith St for car park access. Parking for 8 cars at rear of the property.
* Extremely rare opportunity to purchase in tightly held Wynnum Precinct.
* The seller has provided their clear instruction to Sell.

* Contact Exclusive Agents Manoli Nicolas, Tasmin Colquhoun or John Karalis for an inspection today.

PRICE: Contact Agent
LAND AREA: 405 sqm