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Saviges Seafoods, 12 First Avenue, BONGAREE, QLD, 4507

2. Property Highlights

Beachside Retail with Development Potential
  • 1,862 sqm site zoned to 6 storeys
  • Value add with increased rental income
  • Leased to famous local seafood market

+ Strategic Seaside Retail Investment

+ Opposite Beach with huge development upside

+ Position perfect only metres to beach & waterfront

+ Substantial 1,862sqm site zoned to build 6 storeys (STCA)

+ Suit mixed retail & residential development

+ Combined 8 shops leased to Iconic local Seafood café, retailer and hairdresser

+ 5 yr + 5 yr lease to famous Saviges Seafoods plus others.

+ Potential value add through increased rental income

+ Bribie Island is a short 45 min drive north of Brisbane connected by bridge.

+ Situated in Brisbane’s thriving northern growth corridor.

+ Net Income $61,906 p.a. (plus GST)

For Sale by Investment Portfolio Auction

11am (AEST) Wednesday 29 September 2021

Venue: Crystalbrook Vincent Hotel, 5 Boundary Street, 'Howard Smith Wharves' Brisbane

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

Saviges Seafoods, 12 First Avenue, BONGAREE, QLD, 4507

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4. Due Diligence

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Saviges Seafoods, 12 First Avenue, BONGAREE, QLD, 4507 Bongaree
Burgess Rawson - Queensland
Burgess Rawson - Queensland
Level 12, 127 Creek Street, Brisbane City QLD 4000
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