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171-177 Lisburn Rd 860 SF Retail Condo Unit Offered at $276,813 CAD in Belfast BT9 7AG
Investment Highlights
- Occupying a prominent position off Lisburn Road, on Tates Avenue
- Benefitting from high volume of passing traffic/trade.
- Positioned within a popular residential area
Executive Summary
The property occupies a highly prominent and convenient corner position on the Tate’s Avenue, at its junction with Lisburn Road, Belfast. The Lisburn Road benefits from high volumes of vehicular traffic and pedestrian footfall. The area is a short journey from Belfast city centre and has a mixed demographic including a large proportion of students living nearby, given the properties close proximity to Queens University and Belfast City Hospital.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Long Leasehold |
| Sale Status | Under Contract |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Tenure | Long Leasehold |
Description
The property forms part of a new state-of-the-art mixed-use building accommodating 3 retail units and 23 apartments over the first to fifth floors. The retail unit comprises of c. 860 Sq Ft (NIA). The accommodation benefits from floor to ceiling height glazed windows and electric roller shutters..
To the rear of the premises is a service yard for bin storage.
To the rear of the premises is a service yard for bin storage.
Sale Notes
Currently let to a private individual on a 5 years lease £12,500
per annum unitl 1st June 2030 (Self-Serve Laundromat).
per annum unitl 1st June 2030 (Self-Serve Laundromat).
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 171 | 860 SF | Retail | $276,813 CAD ($321.88 CAD/SF) | - |
Unit 171
| Unit Size |
| 860 SF |
| Condo Use |
| Retail |
| Price |
| $276,813 CAD ($321.88 CAD/SF) |
| NOI |
| - |
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Unit 171
| Unit Size | 860 SF |
| Condo Use | Retail |
| Price | $276,813 CAD ($321.88 CAD/SF) |
| NOI | - |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Tenure | Long Leasehold |
| Description | |
| The property forms part of a new state-of-the-art mixed-use building accommodating 3 retail units and 23 apartments over the first to fifth floors. The retail unit comprises of c. 860 Sq Ft (NIA). The accommodation benefits from floor to ceiling height glazed windows and electric roller shutters..<br> To the rear of the premises is a service yard for bin storage.</li></ul> | |
| Sale Notes | |
| Currently let to a private individual on a 5 years lease £12,500<br> per annum unitl 1st June 2030 (Self-Serve Laundromat).</li></ul> |
Property Facts Under Contract
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 6,695 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 6,695 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 2021 |
| Building Class | B | Lot Size | 0.17 AC |
| Total Building Size | 6,695 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 6,695 SF |
| Year Built | 2021 |
| Lot Size | 0.17 AC |
Amenities
- 24 Hour Access
- Security System
- Signage
- Storage Space
- Smoke Detector
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171-177 Lisburn Rd
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