The “Colonial Court” commercial centre in the heart of Mudgeeraba shopping precinct is located at 55 Railway Street.

Currently there is a mixture of 11 retail and commercial tenancies. The property has been extremely well maintained, which has led to a very low vacancy rate and minimal tenant turnover. The tenant mix includes hair and beauty salons, optometrist, accountant, psychologist, dental technician, landscape designer and a mechanical repair business.

Selling by Tender – closing 5pm Wednesday 27 July 2011

* 805m2 net lettable area on 2,023m2 land
* Currently split over 11 tenancies
* Popular centre with high occupancy
* Easily maintained complex with stable tenant base
* Currently returning approximately $200,000 nett pa
* Please contact agent for a full property report

Tony Stone 0409 792 650
Greg Watson 0417 757 442