52 Clements Street

Moranbah QLD 4744

Large 2,622m2 corner allotment with main road exposure
Solid Concrete Neighbourhood Shopping Complex with abundance of car parking
6 retail tenancies ranging from 52m2 to 138m2 (Net Lettable Area: 463m2)
Additional Storage Complex to the rear containing 10 units (Net Lettable Area: 250m2)
Net Income of $185,286* p.a + GST
Value add opportunity with lapsed DA to construct 7 residential apartments above
Capitalise on the strong economic and population growth of the Moranbah mining region
Potential for further expansion of the existing retail building or storage sheds.

The long-time owner is retiring and the opportunity presents itself for an investor to take advantage and secure this outstanding high yielding opportunity.

*Approximately

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Harcourts Coastal Commercial has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Beyond Commercial Pty Ltd trading as Harcourts Coastal Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.