Rare Multi-tenanted Investment

Description

+ Diversified Multi-Tenanted Investment 100% Leased with 8 Long Term Tenants
+ Majority of leases are on a 5 year term
+ Minimum 2% fixed annual rental increases, assuring growth
+ Iconic building in the heart of Nundah Village – a vibrant retail and dining hub 8km from the Brisbane CBD
+ Prime freestanding 1,639sqm corner site with triple street access
+ Complementary tenancy mix – restaurant, hairdresser, beauty therapist, café and office space
+ Rare off street car parking with a total of 16 spaces
+ Modern build with potential depreciation benefits
+ Nundah – Inner suburb in Northern Brisbane, with easy access to the M1 Gateway Motorway and intersected by the Sandgate Road major arterial
+ Net income: $349,165 pa + GST

For Sale by Investment Portfolio Auction
11am (Brisbane Time) Wednesday 10 November 2021

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Contact agents
Craig Chapman Sales Executive
0427 110 132
Campbell Bowers Partner
0405 127 588
Enquiry Form

Nundah, QLD

1208 Sandgate Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 148

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