Commercial Property Sold TARINGA QLD 4068

Agent Details

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Rick Bird

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Email: rbird@raywhite.com

+61 417 750 950

+61 (7) 3231 2236

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TARINGA QLD 4068

Retail and office centre located in taringa

TARINGA QLD 4068

Property ID#: 318924
Property Type:

SOLD

A retail and office centre located at 188 Moggill Road, Taringa has been sold for $3.7 million, reflecting a yield of 8.69%. The property was fully leased to Supercheap Auto, Swimart and Vision Personal Training. The strong national tenants made the centre an attractive proposition. The centre was developed in 2007 by the Blair Group and was purchased by a business associated with Terry Khoo. The property is located on the left hand side of the outbound Moggill Road, ensuring easy access. Taringa is an area which will be the focus of future transit-orientated development. The sale was negotiated by Rick Bird.

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