Shop 1&2/49 Dean Street Toowong QLD 4066

A RARE neighbourhood centre zoned freehold corner site is available to purchase in a popular retail precinct in the heart of Toowong.

This is a genuine opportunity for owner occupiers looking to situate a business within a classic character building that also provides great exposure, or savvy investors looking to secure a piece of this tightly held inner city fringe suburb and with a significant rental income upside and development potential.

Key features include:
- NLA 150sqm split into two shop fronts/ Land Area 288sqm.
- Rental income upside
- Additional 70sqm Deck with architectural plans drafted to create another shop/add NLA (*subject to DA approval)
- Great exposure to Dean Street - a vibrant retail precinct in a high traffic area
- 2 on-site car spaces at rear
- Abundant storage
- Shop 1 is 100% solar powered
- 14 month lease in place for Shop 2, no Options.
- The Seller will consider a lease back for 12 months from Settlement to allow the Buyer time to plan its upgrades.
- Up to $58,173 p.a gross + GST short term income.
- Outgoings: $10,780 pa.

Contact Jeremy Conybeare today for an IM.