611-617 Oxley Avenue Scarborough

Expression Of Interest

• 7
• 5

Fully Tenanted Dual Commercial Opportunity Plus Three Flats - Sought After Locale!

Located in a prime Scarborough position is this exciting high exposure opportunity, on the Redcliffe peninsula's major north/south thoroughfare.
This unique, mixed use property covers 1290sqm (3 lots) and includes two fully leased commercial holdings. The food market/convenient store has been established since the 1970s and sits on 860sqm and the locally celebrated coffee shop is on 430sqm of land. Potential development options abound with this prime corner location. There is also the bonus of three fully leased, two bedroom flats (two with views over Moreton Bay).

Key highlights include:
• An easy care investment on an elevated site with views.
• Corner position with excellent development options and main road signage exposure.
• Expansive awning cover, covered alfresco and excellent two street vehicle access.
• Secure passive investment opportunities with future rental upside and predictable income growth, all in a tightly held Scarborough precinct.
• Exclusive car parking for up to seven vehicles, convenient truck access and substantial two street customer parking.
• Five fully tenanted commercial and residential dwellings.
• Close proximity to major shopping, rail and 500m to 'Queens Beach North'.

611 Oxley Avenue, Scarborough - Coffee shop with indoor and alfresco dining, kitchen, cold room and large backyard.

617 Oxley Avenue, Scarborough - Food Market, featuring kitchen, bedroom, bathroom, storage rooms plus three self-contained flats. The two upstairs flats offer views, the third is on ground level. Each flat is positioned to capture prevailing bay breezes with two well-sized bedrooms, study, and high ceilings throughout.

For Sale via 'Expression of Interest' - don't miss your chance to secure this exceptional property. For a copy of the information memorandum or to arrange a private inspection please call (07) 3880 4311 or 0422 199 616 (7 days).

Agent Enquiry