Rare Opportunity: Iconic Freehold Commercial Property in Tarragindi – The Only One of Its Kind in the Suburb!

Sale price: Please Contact Agent

Retail commercial property, Tarragindi QLD

Presenting a rare opportunity to acquire two freehold commercial properties in the heart of Tarragindi. Located on the corner of Kuring-Gai Ave, this high-visibility site ensures maximum exposure for any business. With no other similar properties available in the suburb, this is truly a unique offering.

Property Highlights:

Fish and Chips Shop: A beloved local institution with over 40 years of heritage at this prime location. The current tenant holds a long-term lease and is eager to continue contributing to the community and the business's ongoing success.
Fitzys Fresh Seafood Shop: A well-established and popular seafood shop, with a long-term lease in place. The tenant is dedicated to maintaining the business's excellent reputation and is committed to its continued success in this high-traffic location.

Building Features:

Solid Construction: Built with durable concrete bricks, ensuring structural integrity and longevity.
Low Maintenance: Designed for minimal upkeep, requiring no immediate repairsoffering a hassle-free investment.
Onsite Amenities: The property includes a convenient onsite toilet for tenant and staff use, adding to the functionality of the space.
No Body Corporate Fees: As a freehold property, there are no additional body corporate costs to consider.

Location Benefits:

High Traffic Area: Positioned on Kuring-Gai Ave, with nearby intersections reporting an Annual Average Daily Traffic (AADT) of approximately 10,000 vehicles, ensuring maximum visibility.

Strategic Positioning: Just 9km from the Brisbane CBD, with easy access to Logan Road and the Southeast Freeway. Surrounded by a family-friendly community, excellent public transport options, parks, schools, and Griffith University campuses.
Established Surroundings: Located directly opposite a major service station and surrounded by thriving businesses, adding to the area's appeal and long-term investment potential.

Investment Potential:

Strong Rental Income: The property currently generates a gross annual rent of $73,000, offering strong and stable returns for investors.
Expansion Opportunity: Potential for an extension to the back of the common area (subject to council approval), providing additional space and increased revenue opportunities.

This is a unique chance to secure a prime freehold commercial property in a highly sought-after location. Opportunities like this are extremely rare in Tarragindidont miss out!

Contact us now for more details or to arrange a viewing!