7% Net Yield – Multi Tenanted Diverse Bite size Shopping Complex in Townsville!
Priced to Sell!!!
Situated in Townsville, 1 Forest Avenue is a small strip shopping complex located in the suburb of Kirwan.
It is multi-tenanted with 5 commercial properties on the ground floor and an upstairs residential property.
Producing a gross income of $103,919.67 per year, the current owner has recently spent approx. $45,000 in refurbishment and capital works.
Currently occupied by a Mini Mart, Personal Trainer and food / takeaway businesses, the centre provides ample onsite parking for both customers and tenants.
Do not hesitate to enquire on this property!
- 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.
- 0432 055 250