With the current owners showing a nett return of approx. $59,265.00 per annum, this property is showing close on 6% return and with a good lease term remaining, a rent review due 1st May 2025, is a great addition to any property portfolio.
Rarely in life does an opportunity present itself to pivot into the future at what can only be described as truly affordable.
With Bulimba property in demand and with potential for future growth, this unique Bulimba investment is likely to tick boxes for many investors.
With the very highly rated Luckies Kitchen showcasing its modern take on Asian cuisine as the tenants over the last 3 years and with a further 5 years on their lease in place to 2029, this opportunity to invest in Bulimba at a truly opportune point in time will not present itself for long.
Located in an easy to access precinct in Bulimba with on site car parking, prominent location and busy trading precinct with major food retailers, service providers all present in the area, this investment has all the hallmarks for future growth, and with the in demand residential area that continues to make Bulimba such a hive of activity, the combination is one to inspire.
Adjacent to the under construction new Commercial Centre on Oxford Street tipped to include Harris Farm Markets, a development sure to increase patronage in this idyllic land locked business hub, meaning retail space will always be a sought after commodity.
With approx. 115m2 of space, plus 2 dedicated onsite car parks, a long term lease in place and earning approx. $86,000 gross income at present, now is the time to invest.
For further information or lease details, income/expenses statement, contact Peter Torbey on 0411 599 964 or email: peter@pjtorbeyre.com.au
The size of Bulimba is approximately 2.9 square kilometres. It has 9 parks covering nearly 8.4% of total area. The population of Bulimba in 2016 was 6843 people. By 2021 the population was 7623 showing a population growth of 11.4% in the area during that time. The predominant age group in Bulimba is 40-49 years. Households in Bulimba are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bulimba work in a professional occupation.In 2021, 61.40% of the homes in Bulimba were owner-occupied compared with 56.00% in 2016.
Bulimba has 4,232 properties. Over the last 5 years, Houses in Bulimba have seen a 66.54% increase in median value, while Units have seen a 87.32% increase. As at 31 December 2025:
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