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SOLD

14 Discovery Lane, Mount Pleasant, QLD, 4740

Properties / Sold / Queensland / Mount Pleasant

Tenanted Investment

1. Property Summary

Selling Method

Private Sale

Selling Details

$2,900,000

Land Area

5,790 m² (*approx)

Floor Area

1301 m² (*approx)

Property Type

Retail, Other, Child/Healthcare

Sub-type

Large Format, Health Care & Medical

Est. Income

$216,810 p/a

Fully Leased

Choices Flooring, L'Amour

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2. Property Highlights

7.50% Large Format Retail Centre With National Anchor!

RWC Retail are proud to present 14 Discovery Lane, Mount Pleasant. For sale (7.5%) $2,900,000

|What|

• 1,301sqm* Large Format Retail (LFR) Centre

• Anchored by Choices Flooring, who underpin 74% of the centre (by area)

• Supported by popular home furniture brand L'Amour

• Potential to owner-occupy up to 342sqm*, ideally suited to retail, medical and office tenants

• 72 on-site parking bays

• Est. Fully Leased Net Income of $216,810 + GST p.a.

|Where|

• Commanding 5,790sqm* corner land parcel with exceptional frontage to the intersection of the Bruce Highway and Sams Road arterial

• Exposure to over 364,000 vehicles weekly

• North-West of the Mackay CBD in a thriving retail and medical precinct

• Just 200m* to the Mater Private Hospital

|Why|

• Anchored by the only Choices Flooring location in Mackay, one of 140 locations nationwide

• Immediate rental upside potential with a newly vacant 138sqm* space, and potential to release an under-rented 204sqm* tenancy

• Substantial development potential, with a recently lapsed approval for an additional 1,131sqm* of lettable area.

Remember to mention you found this property on CommercialReady

Tenanted Investment

1. Property Summary

Property Type

Retail, Other, Child/Healthcare

Sub-type

Large Format, Health Care & Medical

Est. Income

$216,810 p/a

Tenant

Choices Flooring, L'Amour

Land Area

5,790 m² (*approx)

Floor Area

1301 m² (*approx)

Selling Method

Private Sale

Selling Details

$2,900,000

2. Property Highlights

7.50% Large Format Retail Centre With National Anchor!

RWC Retail are proud to present 14 Discovery Lane, Mount Pleasant. For sale (7.5%) $2,900,000

|What|

• 1,301sqm* Large Format Retail (LFR) Centre

• Anchored by Choices Flooring, who underpin 74% of the centre (by area)

• Supported by popular home furniture brand L'Amour

• Potential to owner-occupy up to 342sqm*, ideally suited to retail, medical and office tenants

• 72 on-site parking bays

• Est. Fully Leased Net Income of $216,810 + GST p.a.

|Where|

• Commanding 5,790sqm* corner land parcel with exceptional frontage to the intersection of the Bruce Highway and Sams Road arterial

• Exposure to over 364,000 vehicles weekly

• North-West of the Mackay CBD in a thriving retail and medical precinct

• Just 200m* to the Mater Private Hospital

|Why|

• Anchored by the only Choices Flooring location in Mackay, one of 140 locations nationwide

• Immediate rental upside potential with a newly vacant 138sqm* space, and potential to release an under-rented 204sqm* tenancy

• Substantial development potential, with a recently lapsed approval for an additional 1,131sqm* of lettable area.

Remember to mention you found this property on CommercialReady

3. Supporting Information

The links below will open a new tab

External Link 1

14 Discovery Lane, Mount Pleasant, QLD, 4740 Mount Pleasant

RWC Retail

Lvl 26/111 Eagle St, Brisbane QLD 4000

Lachlan O'Keeffe

+61 *** *** *** show +61 413 464 137

Michael Feltoe

+61 *** *** *** show +61 447 714 899

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

14 Discovery Lane, Mount Pleasant, QLD, 4740