Petrie

$175,000 plus SAV

COMMERCIAL | FOR SALE

Property Details

  • Property ID: 3294
  • Occupancy: LEASED
  • Whole or Part Building: PART
  • Available: Friday 20th January, 2017
  • Property type: RETAIL
  • Listing type: FOR SALE
  • Outgoings Paid by: TENANT

Description

 Diversified newsagency business showing great returns

Growth suburb with new University Campus being built.
Popular shopping centre on busy major arterial road intersection
Well diversified business showing good returns
Complete recent new shop fit-out
High Lotto sales with continued growth
No Sunday or Public Holiday trading

Enjoying a prominent position in the shopping centre, the business has a long history servicing the region and sits at the centre of an extensive repeat client base drawn from the surrounding catchment.

It stocks a wide range of traditional newsagency products, from newspapers and magazines through to stationery and cards. In addition, the current owners have added a giftware range, parcel collection and Darrell Lea stockist to further diversify the revenue base and capitalise on value-adding opportunities.

The new University Campus being built on the old Petrie Paper mill site ensure suburbs growth and vitality. Reported as one the the main grwoth areas in Brisbane.

Contact us today for more details and inspections.