Michael Shadforth and Samuel Hoy from Ray White Commercial Northern Corridor Group is excited to present to the market Shop 1 at 3 Burns Street and Shop 1 at 5 Burns Street, Buddina for sale.
Located opposite Kawana Shopping Centre and within close proximity to Nicklin Way which is arguably the busiest road on the Coast, this tenanted investment offers a great opportunity for any buyer looking for a savvy buy.
SHOP 1, 3 BURNS STREET
SHOP 1, 5 BURNS STREET
- $30,129.48 P/A Net
- 5 year lease ending May 2022 with 3 year option
- 3% annual increases
- Outgoings recoverable except for sinking fund & land tax
- 71m2* tenancy
The opportunity to purchase both tenancies together or separately is available.
Please contact Michael Shadforth or Samuel Hoy from Ray White Commercial Northern Corridor Group for more information and to inspect.
The size of Buddina is approximately 2.1 square kilometres. It has 10 parks covering nearly 12.6% of total area. The population of Buddina in 2011 was 3,665 people. By 2016 the population was 3,892 showing a population growth of 6.2% in the area during that time. The predominant age group in Buddina is 40-49 years. Households in Buddina are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Buddina work in a professional occupation. In 2011, 60.2% of the homes in Buddina were owner-occupied compared with 61.6% in 2016.
Buddina has 2,320 properties.
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