6 Normanby St
Yeppoon QLD 4703
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MULTI-TENANTED INVESTMENT
Elders Commercial is pleased to present for sale ‘Sands Arcade’, ideally situated in the CBD of Yeppoon.The asset is fully leased and provides a robust income stream thanks to its 10 tenancies across two levels.
Additionally, the asset offers great development upside thanks to the location and excellent value-add opportunities with proposed lease improvements.
Features include:
- Net Income of $167,045.73 + GST per annum
- 551* sqm of freehold land (STS)
- 1,102* sqm of NLA (STS)
- 10 tenancies
- Multiple amenities across ground floor and level 2
- Rear access to Yeppoon Town Centre Carpark
- Major electrical and plumbing restoration in recent years including the upgrade of the main electrical switchboard
- Zoned Major Centre under Livingstone Shire Council Planning Scheme 2018
- Premium CBD location
- Excellent signage opportunities
- Excellent development upside
- Great opportunity for lease/ rental income improvements
For Sale by Offers to Purchase, please contact agents Adam Kelly or Neale Crow via the below enquiry section for further information.
*Approx
Features
General Features
- Land Area: 551sqm
- Commercial Type: Retail
- Building Area: 1,102sqm
Can I afford 6 Normanby St?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
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Enquire about 6 Normanby St, Yeppoon, QLD, 4703