Fully tenanted local centre - Mariner Plaza

SOLD

141-145 Griffith Road

Newport QLD 4020

Retail

FOR SALE

833m2

Ray White Commercial Northern Corridor Group are pleased to offer the Newport "Mariner Plaza" a lucrative centre with an exceptional tenant retention history since 1999, located at 141-145 Griffith Road, Newport for sale.

Situated among the stunning Newport canals awaits this well performing centre anchored by the Friendly Grocer Supermarket, Ray White, Champion Cellars and other long term, well established, supporting businesses. This is a rare opportunity to secure a profitable freehold centre investment in an exclusive location servicing the existing and expanding growth in the immediate area including the exclusive Newport waterfront living residences.

Features:
- 833m2 net lettable area
- Land area approx. 3,110m2
- Circa $292,678.78 net income
- Rental upside
- Exclusive water view location
- Exceptional traffic exposure
- 41 car parks - ratio of 1 : 20
- Public transport at front of property
- Surrounded by major ongoing development & infrastructure

For further information please contact Aaron Canavan or Chris Massie.