Sold

16 Old Cleveland Road,
Stones Corner 4120, Queensland

405m² land size
398m² building size
Retail

$2,000,000


Property details

Multi-Level Office/Retail Building with Arterial Road Exposure

RWC Bayside is pleased to present 16 Old Cleveland Road, Stones Cornet to market For Sale via Expressions of Interest closing Friday 17th November 2023, 12pm (AEST).

The 405sqm* lot is improved by a two-level freestanding block building with street frontage to busy Old Cleveland Road, and rear access and parking via Alice Place. The 199sqm* ground floor is currently occupied by Taro's Ramen and currently returns $86,079.48^ gross + GST. The first floor is 199sqm* of office space and is offered with vacant possession, making this property an ideal opportunity for an owner-occupier to move-in while receiving passive income from the tenant below.

Features include:
- 199sqm* ground floor tenancy leased to Taro's Ramen until 31/05/2029
- 199sqm* first-floor air-conditioned office space - Self-contained amenities on the ground floor and first floor
- Air-conditioning system on the ground floor was recently upgraded
- Staff access at the rear of the building with ample parking on Alice Place
- 500m* from Buranda Train Station
- 100m* from Stones Corner Bus Station

For Sale - $2,200,000

* Approximately
^ All prices quoted are exclusive of GST

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