| Address:
Brisbane CBD, QLD, 4000, Australia
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Click on pics to enlarge.
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| AD
ID: |
P170600004 |
| Property
Type: |
Commercial |
| Asking
Price: |
P.O.A
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| Land
size: |
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| Bedrooms: |
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| Bathrooms: |
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| Garage: |
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| Inspection
Times: |
By Appointment
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Contact
Details
|
| Name: |
Mr. James Bell |
| Advertising
Nature: |
Private Seller |
| Company
Name: |
|
| Phone: |
0427 189 314 |
| Mobile: |
0427 189 314 |
| Fax: |
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| Email: |
james@lugarnopartners.com.au |
| Website: |
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| Suburb/State: |
Brisbane / QLD |
| Postal
Code: |
4000 |
| Country: |
Australia |
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|
Comments:
|
Features |
3 STOREY BRISBANE CBD COMMERCIAL BUILDING FULLY LEASED DEVELOPMENT UPSIDE
A modern, freestanding, three level commercial building providing quality office accommodation on the upper levels and prominent retail bank on the ground floor.
The property holds a prominent corner location in the Brisbane CBD. There is development upside up to 10 stories under the current neighbourhood plan. The street has a number of international hotels and is earmarked as an entertainment precinct under the new The Brisbane Council plan. Current owner is willing to continue management of the property.
Key features include:
* Gross rental $223,000 p.a.
* Fully tenanted investment
* Largest tenant is Bank of Qld (Credit Rating A-) until 2021 with a further 5 year option
* Significant development upside
* Approval held to install a cafe
* All tenants are professional services including an Accounting Firm, Law Firm and High Net Worth Investment Management Firm
* 448sqm of lettable area
* Recent refurbishment
* 1 car space
* Signage opportunities
Accepting offers over $4.2m.
Phone James on 0427 189 314 or email: james@lugarnopartners.com.au
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- Air Conditioning
- Close to Transport
- Close to Shops/Shopping Center
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