1 Forest Avenue

Kirwan Q 4817

$ 879,000

Basic Facts

Floor Area: 650 m² Land Area: 716 m² Car Parks: Ample onsite parking
Net Rent: $ 62,585 Yield: 7.12% Net Yield Type:
Fully Tenanted Strip Shop Investment – 7.12% Net Yield – 6 tenancies !

Located at 1 Forest Avenue, Kirwin , this property features 5 commercial ground floor tenancies and 1 upstairs residential unit.

The fully tenanted standalone facility produces a gross income of $97,445 with approx. $45,000 in capital works being completed over the last 12 months.

Tenanted by a variety of business including Mini Mart, Personal Trainer, Gel Blasters, Waffle Shop and a Takeaway shop, 1 Forest Avenue features plenty of onsite parking for customers and tenants.

This multi tenanted investment offers a good quality tenant mix and solid returns, located within a large residential catchment area and with easy access off both Ross River Road and Forest Avenue.

  • Properties Qty: 124
  • Company: DC Commercial

With over 25 years experience in his own business, Drew Camm has a wealth of knowledge and experience both in business and negotiating. With a vibrant personality, Drew has established DC Commercial, building the business to focus on being innovative, dynamic and providing excellent customer service.