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689-695 Cusack Lane
Jimboomba QLD 4280
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Sold on 23 Sep 2024

689-695 Cusack Lane Jimboomba QLD 4280

  • Shop & Retail
  • 880 m²
  • Sold

Fully Leased Multi-Tenanted Investment (8% Yield)

    Corwells are pleased to offer to the market 689-695 Cusack Lane as a fully leased multi-tenanted investment.

    Key features of this offering include;

    - Freehold retail commercial complex
    - Surveyed lettable area of 880sqm
    - Complex positioned on 2,113sqm of land
    - Currently returning $417,280.54* Nett plus GST pa
    - Favourable nett leases - tenants pay all usual outgoings**
    - Comprising of 16 individual tenants over 17 tenancies
    - Complimentary mix of tenants
    - Prime Highway position, neighbouring Woolworths, Coles and Dan Murphy's

    Situated on the corner of Cusack Lane and Brisbane Street in the heart of Jimboomba's commercial precinct. The property benefits from fantastic exposure to one of Jimboomba's busiest intersections. This thriving regional area is located 45 minutes from Brisbane CBD and 60 minutes from the Gold Coast, with convenient access to the Logan and Gateway Motorways via the Mount Lindesay Highway that directly services Jimboomba.

    For more information or to obtain a copy of the Information Memorandum please contact Trevor Richards from Corwells.

    *Approximately
    **Excluding Shop 7 (11sqm) and Shop 17 (32sqm) being a Gross Lease (approx 5%)

    Corwells
    Corwells
    10/61 Cuthbert Drive
    Yatala, QLD 4207

    Property Highlights

    Date Sold23 Sep 2024
    Floor Area880 m²
    Land Area2,113 m²
    ParkingAsk Agent
    Property ID2019294249
    Category
    Last updated  22 Nov 2024
    Map for 689-695 Cusack Lane Jimboomba QLD 4280
    Corwells
    Corwells
    10/61 Cuthbert Drive
    Yatala, QLD 4207

    Property Highlights

    Date Sold23 Sep 2024
    Floor Area880 m²
    Land Area2,113 m²
    ParkingAsk Agent
    Property ID2019294249
    Category
    Last updated  22 Nov 2024

    More about 689-695 Cusack Lane Jimboomba QLD 4280

    689-695 Cusack Lane Jimboomba QLD 4280 is categorized as Shop & Retail Property. It has a floor area of 880 m² and a land area of 2,113 m². The listing ID for this property is 2019294249.

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