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Strong Neighbourhood Investment Sale

2-4 Glenmay Court, MORAYFIELD QLD 4506
$4,650,000
Strong Neighbourhood Investment Sale

The Commercial Guys are proud to present for sale, the Glenwood Drive Shops, positioned on the corner of Glenwood Drive and Glenmay Court, Morayfield.

This neighbourhood shopping strip is perfectly located amongst a highly populated residential estate and adjacent Morayfield East State School & Morayfield High School and in close proximity to childcare and transport options.

The centre is anchored by Spar Supermarket, which have been a long standing tenant in this location for many years, along with Liquorland, Phelan’s Bakery, Fish and Chip shop, Take Away shop, Barber Shop and Laundromat. There is only 1 vacancy in the centre allowing for additional upside upon leasing the space.

Property Features:
– Net Income: $270,931.41 per annum
– 968 m2 NLA
– 3,229 m2 Corner block with 2 street access
– 65 line marked car parks
– Bus stop conveniently located directly in front of the centre
– 7 out of the 8 shops are tenanted
– Vacant tenancy has potential to be split for additional upside

For a detailed information memorandum contact the Exclusive agents, The Commercial Guys.

*Unless otherwise stated, the price/property may be subject to GST

Grant Simpson Grant Simpson
1300477180