22-24 Bainbridge Street Ormiston QLD 4160

Shop & Retail
610 m²
Sold, $3,150,000

Entire 610sqm* Retail & Professional Complex - Fully Leased Investment

RWC Bayside is pleased to present 22-24 Bainbridge Street, Ormiston to market For Sale via Expressions of Interest closing Wednesday 1st November 2023, 4pm.

Servicing a large residential population, this well-maintained complex is prominently located on the corner of Bainbridge & Gordon Streets, just minutes from Shore Street West, the main arterial road to Cleveland and the Ormiston entrance to Raby Bay.

The neighbourhood shopping centre is fully leased to 5 successful local tenants including a café, accounting firm, gemstone shop, European restaurant, and florist. Generating a nett income of $188,465.43* PA (ex GST) and with long-term redevelopment potential, 22-24 Bainbridge Street offers an extremely attractive investment opportunity.

Features include:
- Single level retail and professional complex on a 2,073sqm* corner allotment
- NLA of 610sqm*
- 7 fully leased tenancies (occupied by 5 individual tenants)
- Over 30 on-site car parks
- Highly visible corner block
- Nett income of $188,465.43* PA (ex GST)
- Long-term redevelopment potential

For Sale via Expressions of Interest closing Wednesday 1st November 2023, 4pm.

*Approximately

RWC (Bayside)

1/76 Old Cleveland Road

Capalaba, QLD 4157

Property Highlights

Date Sold	6 Mar 2024
Sold Price	$3,150,000
Floor Area	610 m²
Land Area	2,073 m²
Parking	Ask Agent
Property ID	2018810172
Category	Shop & Retail
Last updated	6 Mar 2024

Map for 22-24 Bainbridge Street Ormiston QLD 4160

Nearest transport* to 22-24 Bainbridge Street Ormiston QLD 4160

Bus

Train

Tram

Ferry

Gordon St near Bainbridge St	32 m
Gordon St near Cowley St	122 m
Shore St at RACQ	419 m
Gordon St at Ormiston Primary School	424 m

*Within a 4km radius

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RWC (Bayside)

1/76 Old Cleveland Road

Capalaba, QLD 4157

Property Highlights

Date Sold	6 Mar 2024
Sold Price	$3,150,000
Floor Area	610 m²
Land Area	2,073 m²
Parking	Ask Agent
Property ID	2018810172
Category	Shop & Retail
Last updated	6 Mar 2024

Co-Agents

RWC (Bayside)

RWC (Bayside)

More about 22-24 Bainbridge Street Ormiston QLD 4160

22-24 Bainbridge Street Ormiston QLD 4160 is categorized as Shop & Retail Property. It has a floor area of 610 m² and a land area of 2,073 m². The listing ID for this property is 2018810172.