Fully Leased Retail Asset with Value Add Approval
139 Kennedy Terrace Paddington QLD 4064
Attributes and Features
|Building Area||223 sqm|
|Land Area||602 sqm|
|Last Updated||Mar 17, 2020|
On behalf of the sellers, Cushman & Wakefield is pleased to exclusively present 139 Kennedy Terrace to the market for sale via private treaty.
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.
This mixed-use opportunity offers the following key characteristics;
• High profile location on a corner block
• 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 please contact the Exclusive Agents at Cushman & Wakefield.