Inner City Corner Investment Opposite Major Hospital

Ray White Commercial QLD is pleased to present to the market 48 & 50 Annerley Road, Woolloongabba For Sale in-one-line by Public Auction to be held on Friday 10 December 2021 at 10:15am (AEST).

48 & 50 Annerley Road, Woolloongabba presents an opportunity to acquire a tightly held, long-leased retail and medical investment with underlying development potential. The 903sqm* site is prominently positioned along Annerley Road with additional frontage to Heaslop Street; and exposed to over 27,000* vehicles per day.

Currently leased to 3 tenants, the property generates a combined net income of $174,758* p.a. + GST. The property has a potential fully leased net income of $218,450* p.a. + GST.

With highly sought after MU3 zoning in the heart of the future Brisbane Olympics precinct, this property offers long term investment security with an abundance of future upside.

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