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Retail for Sale

123 Palmerin St

Warwick $460,000

MAIN STREET RARE OPPORTUNITY

Excellent opportunity to purchase a Palmerin Street building.

Located in a busy part of the CBD, this 198sqm building, which has back access from SDRC carparking, currently has a retail lease in place which is one year into a three year lease.

Currently paying $2298.62 per calendar month plus outgoings, with an annual increase of 3% in May. Representing approximately 6% return - better than money in the bank.

This building has been renovated inside including an updated kitchen and staff area.

This is a great opportunity to purchase a commercial building in a blue ribbon spot. 

Address 123 Palmerin St, Warwick
Price $460,000
Property Type Commercial
Property ID 4725
Category Retail
Land Area 198 m2

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