Exceptional Investment Opportunity - Directly Opposite Westfield Chermside

832 & 834 Gympie Road, Chermside QLD
category
Retail
Land Size
1391 m²
floor Size
733 m²
Car parks
18
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Gard Property is pleased to present 832 & 834 Gympie Road, Chermside - a commanding investment opportunity positioned on the crossroad of Brisbane's best arterial retail spine.

Key Features:

• Prime Location: Positioned in the heart of the Chermside and Gympie Road's commercial core, the property benefits from unrivalled exposure to over 75,000 vehicles daily and is directly opposite Westfield Chermside.
• Attractive Income: Boasting a diverse tenancy mix across 6 tenancies and providing a WALE on income of 2.37 years (as at July), this asset generates a net income of approximately $272,910 per annum.
• Development Upside: Boasting a highly flexible MU2 Mixed Use zoning, this site is code assessable for a 12-storey development across a multitude of uses and viability is supported for these uses through immediate proximity to key commercial infrastructure.

For sale by Expressions of Interest.

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