Fully Leased Retail Asset with Value Add Approval
139 Kennedy Terrace Paddington QLD 4064
Attributes and Features
|Last Updated||Feb 12, 2020|
On behalf of the sellers, Cushman & Wakefield is pleased to exclusively present 139 Kennedy Terrace to the market for sale via Expressions of Interest closing March 11 2020 at 4 pm.
High profile corner blocks in Brisbane’s Paddington precinct are rarely presented to the market for sale. 139 Kennedy Terrace offers buyers a unique opportunity to capitalise on a fully leased retail property with the option of a value-add development approved residential project on the rear of the land.
• High profile location on a corner block with easy street parking
• 602sqm* of land area
• 223sqm* of building area
• Net income of $80,094 per annum + GST
• Elevated flood free position with CBD views
• High demand destination retail precinct
• Existing DA for value add residential project
For further information or to arrange an inspection please contact the Exclusive Agents Cushman & Wakefield.