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62 Clausen Street, MOUNT GRAVATT EAST QLD 4122
326

Versatile Freehold Building Featuring 3 Shop fronts and 6 Car Parks on 594m²

Presenting an exceptional investment opportunity in the highly sought-after suburb of Mount Gravatt East, this fully leased property offers a steady income stream with long-term tenants already in place. With high yield and strong capital growth, this property is a prime asset for investors seeking both security, income, and future value appreciation.

Key Features:
– Land Area: 594m² – a rarely seen large commercial block in this highly desirable suburb
– Car Parking: 6 designated car parks, ensuring ample parking for tenants and customers
– Net Income: $72,499.60 per annum

This property stands out not only for its stable income but also for its future capital growth. There are also options to expand on the 594m2 land. Mount Gravatt East continues to experience strong growth due to its proximity to Brisbane’s CBD, just 10 kilometers away. As one of the few large retail land parcels in Brisbane, this property offers excellent income and capital growth, making it a wise long-term investment.

Key Advantages:
– Long-Term Tenants: A secure and reliable source of rental income.
– High Yield: Offering a strong return on investment with a low-maintenance structure.
– Capital Growth: Mount Gravatt East is an area in high demand, with limited availability, ensuring that properties in this location will continue to see increased value year on year.
– Accessibility: Bus stop directly outside the property and easy access to major freeways for convenient travel to the CBD and surrounding areas.

Why Mount Gravatt East? Mount Gravatt East is a vibrant and growing suburb known for its strong community and ideal balance of suburban tranquility with urban convenience. The area is well-served by local schools, parks, shopping centres, and cafes, making it an attractive choice for both residents and businesses. Its proximity to Brisbane’s CBD further enhances the appeal, with the area showing consistent demand and growth.

This property represents a rare opportunity to secure a high-yield, low-maintenance investment in one of Brisbane’s most desirable and rapidly developing suburbs. With long-term tenants in place, excellent income and capital growth, this property is a must-have for investors seeking a stable income stream and long-term value appreciation.

Contact us today for a copy of the Information Memorandum, to learn more, or to arrange an inspection – don’t miss out on this prime investment opportunity.

Price:
Sold $1,222,000

Contact

Trent McDermott
Office Manager | Sales Consultant
Google Rating
4.9