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Main Street Retail Premises - 5 shops

Ingham, 18-26 Lannercost Street

$330,000 Plus GST (if any)

Listing Number: QIN2588
About this listing
With highway frontage and excellent parking on and off street, this set of 5 retail premises offers the investor or owner occupier an entry into a well maintained set of shops with a good yield. The property have been in the family since the shops were built and they have continued to maintain it in good condition over time.
Two of the premises (café and clothing shop) are leased with options, one has a periodic tenancy (hairdresser) and there are two vacant premises that would suit retail or office.

There is good access to the rear of the property with parking available for any size vehicle. There are 5 parking spaces in front of the shops and another bay adjacent with a pedestrian crossing. This is an area of town with highway frontage and heavy foot traffic. Showing a net yield of almost 8% with 4 current tenancies and 10% if fully tenanted. This is a neat well maintained and located building in an ideal location.
Property Information
  • Property Type: Retail, Vacant, Tenanted Investment

Contact Details

27 Palm Terrace

Property Location

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