RWC Bayside is pleased to present 16 Old Cleveland Road, Stones Cornet to market For Sale via Expressions of Interest closing Friday 17th November 2023, 12pm (AEST).

The 405sqm* lot is improved by a two-level freestanding block building with street frontage to busy Old Cleveland Road, and rear access and parking via Alice Place. The 199sqm* ground floor is currently occupied by Taro's Ramen and currently returns $86,079.48^ gross + GST. The first floor is 199sqm* of office space and is offered with vacant possession, making this property an ideal opportunity for an owner-occupier to move-in while receiving passive income from the tenant below.

Features include:
- 199sqm* ground floor tenancy leased to Taro's Ramen until 31/05/2029
- 199sqm* first-floor air-conditioned office space - Self-contained amenities on the ground floor and first floor
- Air-conditioning system on the ground floor was recently upgraded
- Staff access at the rear of the building with ample parking on Alice Place
- 500m* from Buranda Train Station
- 100m* from Stones Corner Bus Station

For Sale - $2,200,000

* Approximately
^ All prices quoted are exclusive of GST