63 McDowall Street ROMA QLD 4455

Prime Main Street Commercial - For Sale or Lease

Located in a high-exposure position on Roma's Main Street, 63 McDowall Street offers a flexible commercial opportunity suited to investors, owner-occupiers, or tenants, with dual tenancies and future upside.

The property is available for sale at $850,000 or for lease, either as a whole or by individual tenancy.

Investment Snapshot:
> Dual-income commercial property
> Indicative gross rental income: $72,000 per annum + GST + Outgoings
> Estimated gross yield: approx. 8.5% at asking price
> Prominent Main Street location within Roma's commercial precinct
> Recently renovated office tenancy
> Strong value with added potential via upstairs development
Rental figures are indicative only and demonstrate the income potential available to purchasers.

Office Tenancy - Available for Lease:
The ground-floor office tenancy has been fully renovated within the past two years, offering a modern and functional workspace ready for immediate occupation.

Recent upgrades include new flooring, freshly tiled Kitchenette and toilet facility, Modern LED Lighting, recently installed modern Split System Air-Conditioning and freshly painted throughout.

> Six individual offices
> Reception desk
> Split System Air-Conditioning
> Kitchenette
> Toilet amenities
> Contemporary, professional fit-out

Lease Price: $46,800 per annum + GST + Outgoings
Currently vacant and ready for occupation.

Retail Tenancy:
The second tenancy is well suited for retail use.

> Large open-plan main room accommodating two barber chairs and a waiting area
> Kitchenette and storage facilities
> Single toilet
Lease Price: $25,000 per annum + GST + Outgoings

The barber shop is currently operated by the owner and is expected to become vacant upon sale of the building or the office side of the building being leased for an extended period, providing flexibility for purchasers or the opportunity to secure a new tenant at market rates.

Upstairs - Expansion & Upside
The upper level presents an excellent value with added opportunity, suitable for:

> Additional office accommodation, or
> Conversion to a 2-3 bedroom apartment (STCA)

This area requires substantial renovation but offers clear potential to increase rental income and long-term capital growth.

For further information or to arrange an inspection, please contact:
Andrew Busiko
LJ Hooker Roma
Reveal Phone
[email protected]