This property offers a unique opportunity for those seeking a prime commercial freehold property in the heart of Kingaroy CBD area.
The property is currently lease - two retail/café shops in the main street of Kingaroy. There is dual street access with access available both from Kingaroy Street and Circular Place.
Key Features:
• Land size 475m2.
• Local Authority - South Burnett Regional Council
• Primary Land Use - Shopping Group 2 -6 shops
• Zoning - Business
Good parking both in front of the buildings and off-street Council car parking space behind the building. Both have front and rear access to the building.
197 Kingaroy Street is currently used as a bakery business. The lease is periodic (month to month). Tenants are currently paying $22,195 + GST+ 50% outgoings Approx. per annum.
199 Kingaroy Street, is currently a café, utilizing the front footpath area for patrons. The current lease expires 31/08/24. Tenants are currently paying $16,900 plus GST plus 50% outgoings.
With a prominent position on Kingaroy Street, the property benefits from high foot traffic and maximum visibility. The recently completed CBD project has complimented the area.
Tightly held location in Kingaroy. Contact listing agent to arrange an inspection.
