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22-24 Bainbridge Street
Ormiston QLD 4160
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Sold on 6 Mar 2024

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)
    RWC (Bayside)
    1/76 Old Cleveland Road
    Capalaba, QLD 4157

    Property Highlights

    Date Sold6 Mar 2024
    Sold Price$3,150,000
    Floor Area610 m²
    Land Area2,073 m²
    ParkingAsk Agent
    Property ID2018810172
    Category
    Last updated  6 Mar 2024
    Map for 22-24 Bainbridge Street Ormiston QLD 4160
    RWC (Bayside)
    RWC (Bayside)
    1/76 Old Cleveland Road
    Capalaba, QLD 4157

    Property Highlights

    Date Sold6 Mar 2024
    Sold Price$3,150,000
    Floor Area610 m²
    Land Area2,073 m²
    ParkingAsk Agent
    Property ID2018810172
    Category
    Last updated  6 Mar 2024

    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.

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