Sold

8 Little Main St, Palmwoods

SOLD for $585,000

281 m2

Looking for a secure spot in the future of Palmwoods?

Zoned Local centre, a total 281 square metre freehold plot amongst thriving businesses with a secure lease could be yours... 

 

The existing business only taking up approx. one third of the total area of the site, room for growth is yours for the taking. 

 

Opportunity whichever way you look for this regional rail way town.

Current rental netts $22,368

The lease of the rear section has potential of $15,000 per annum

Total available nett income $37,368

Representing a 6.2% annual return potential with capital growth in the area in excess of 5% per annum

 

With many subdivisions in progress, shopping centre precinct coming soon, great restaurants coming to town, over 50's lifestyle developments in construction, there isn't a segment of the market that isn't catered for in this beautiful hinterland town.

 

Future has bright lights shining through.

 

For details on the current lease and to organise an inspection contact Kira Steinhaus on 0418 747 759

281 m2

Details

Address 8 Little Main St, Palmwoods
Price SOLD for $585,000
Property Type Commercial
Property ID 1574
Category Retail
Land Area 281 m2
Office Area 46m2

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