• No Agent Property QLD
  • No Agent Property

For Sale

$1,360,000

2 AND 3 / 109 Grand Plaza Drive, Browns Plains, QLD 4118

  • Retail

Last updated: 18th September 2020

Listing ID: 2436

  • 30 Parking spaces
  • 334.0m2 Floor area

7% RETURN ON YOUR INVESTMENT - SECURE TENANTS

Phone enquiries - please quote property ID 20373

Lot 2 SP250259 (334 SqM) being units 2 and 3 at 109 Grand Plaza Drive is available for sale at $1,360,000.

Rental income is $107,845 PA.

Costs are $4,160 (Body Corp) and $7,550 (Rates).

This gives a nett income of $96,135 PA which represents a return of over 7%.

The Body Corporate insures the building while the tenant is required to insure the Lot.

Current Land Tax valuation of the Lot is $331,915. There are a total of 45 car parks; 6 assigned to Lot 2 and the remainder common use.

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  • No Agent Property QLD
  • No Agent Property