Paddington

$1,250,000

Other:

  • Property ID#317913
  • LocationPADDINGTON
  • StateQLD
  • StatusWithdrawn

Fully Leased Retail Property

Located within the tightly held Paddington retail strip, this original timber dwelling has been renovated and converted to retail accommodation. The building has also been recently extended to provide additional office accommodation to the rear.

Fully leased to two tenants, the property represents an excellent alternative investment to a traditional residential style property.

The Paddington retail strip has always been tightly held, and in demand from tenants, owner occupiers and investors.

The property is offered for sale at $1,250,000.

Client Testimonials

  • Ken Woodley

    Rick acts very professionally and confidentially in all property dealings. His competent and honest handling of the matters made the negotiation process easy from our perspective.As a result of Rick’s efforts we have engaged Ray White as leasing and selling agents for other properties owned by us. I have no hesitation in recommending Rick’s services as a real estate agent of significant integrity and competence.

  • Ross Nielson

    Rick has handled several successful transactions for us since 1987 and he has been the most capable real estate agent that we have dealt with.Confidentiality has been preserved in all our transactions over the years and this is rare in this business. Of particular note is the approach Rick takes in terms of acting in his clients’ best interest. This has resulted in the premium for us, which in some cases has been beyond our expectation.

Loan Repayment Calculator

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The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser or mortgage broker before taking out a loan. Results indication is based on an Interest Only Loan for Residential and Lifestyle of 90% LVR, Commercial, Vacant Land and Business of 70% LVR and Rural of 60% LVR).

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