Sold at Auction

Stephen & Elliot Kidd of Ray White Commercial (Qld) are proud to be appointed to sell 48 Cavendish Road, Coorparoo.

The property is leased to: Link Vision and Auto Keepers who each occupy roughly 50% of the building.

The property has the following positive investment attributes:

• Long term tenants providing income security and stability
• Low current rental rates which effectively reduce the current property value and provide for substantial future income & capital gain.
• Rapidly growing trade area population nearly 60% faster than QLD average
• Exposure to over 200,000 vehicles weekly
• Prime Corner retail location just 8.5 minutes drive from Brisbane CBD
• New Roof just installed (May 2023) along with tilt slab construction imply minimal long-term maintenance
• Substantial block of land close to amenity for future mixed-use high-rise development - STCA
• Motivated Seller due to family circumstances.

Method of Sale: Public Auction to take place on 22nd June 2023.

Location of Auction: Level 26, 111 Eagle Street Brisbane CBD

Bidding Options: In room, online or over the phone. Please ensure you are registered before the auction day.

A detailed Due Diligence Package is available upon request.

We look forward to speaking with you soon.

Stephen and Elliot

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