38 Ainsdale Street, Chermside West, Qld 4032

LATEST
Retail
By Expressions of Interest
By Expressions of Interest
Published on: 22 May 2025
Last updated on: 22 May 2025
38 Ainsdale Street, Chermside West, Qld 4032
38 Ainsdale Street, Chermside West, Qld 4032
38 Ainsdale Street, Chermside West, Qld 4032
+21
38 Ainsdale Street, Chermside West, Qld 4032
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Property ID: 504867396
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Key property information

Land Size
253.00 m2
Parking Comments
Street Parking
Zoning
Neighborhood Centre
Floor Area
240.00 m2
Tenure Type
tenanted

Dual-Tenanted Retail Asset with Immediate Income & Flexibility

38 Ainsdale Street, Chermside West, Qld 4032
This dual-tenanted retail investment presents a rare opportunity in a tightly held suburban pocket, with minimal competing stock available.

Positioned within a well-established local retail complex servicing the surrounding residential catchment, the property delivers a dependable income stream with a combination of lease security and strategic upside.

Key Features:

240sqm of lettable area
Net income approx. $75,000 + GST p.a.
Partial outgoings recovery anchor tenant contributes under current lease terms
Internal playground included a unique community drawcard
Solar system installed energy efficiency benefits
WALE approx. 2.5 years
Anchor tenant on long-term lease with fixed 4% annual increases
Second tenancy with renewal options ideal for value-add or lease restructuring

With limited fully-leased investments currently available in this price range, 38 Ainsdale Street represents an affordable and low-maintenance entry point for commercial investors seeking long-term returns.

For Sale by Expressions of Interest closing 17th June 2025 (unless sold prior)

Contact the Exclusive Agents at Cornerstone Commercial for more information or to access the due diligence pack.

Property Details

Basic Info

Property Type
Retail
Listing Status
On Market
Land Size
253.00 m2
Address
38 Ainsdale Street, Chermside West, Qld 4032

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Kristy McMillan
Kristy McMillan
Cornerstone Commercial
1/16 Aerodrome Road, Caboolture, Qld 4510
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Kristy McMillan
Kristy McMillan
1/16 Aerodrome Road, Caboolture, Qld 4510
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      Property ID: 504867396

      Original Property ID: 504867396
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