Retail for Sale

Lot 11 Walters Street Lowood, QLD 4311

$499,000
  • Land: 1,180m² (0.29 acres)

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Retail for Sale in Lowood

Two pieces of Lowood's history up for sale situated in the very centre of town: 1-3 Walters St Lowood

  • Land: 1,180m² (0.29 acres)

1 Walters St (currently tenanted to Wilson Teis Accountants)
3 Walters St (currently tenanted to Wayne's World)
Both properties being sold together offering huge opportunity for the astute buyer with a 12.67% return when fully tenanted and currently returning 8.95% PA
Situated on the busy corner of Main St and Walters Streets
Tenanted to long term tenants producing a very strong yield
Plus increase the yield dramatically by leasing the currently vacant street front shop (or to split this large shop into smaller shops to capitalise on the main street frontage)
And then utilise the additional large area at the rear of the Theatre for more tenancies not requiring street frontage
The potential is only limited by your imagination
Zoned commercial
Additional land area at the rear of the properties
Total area 1180m2

Land:

1,180m² / 0.29 acres

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