Offices - Fortitude Valley QLD
7% Yield Investment Prime Inner-City Location New 5+5 Year Lease To 2035
For Sale $1,180,000
Offices - Fortitude Valley QLD

3/22 Barry Parade, Fortitude Valley QLD 4006

For Sale $1,180,000
7% Yield Investment Prime Inner-City Location New 5+5 Year Lease To 2035
3/22 Barry Parade, Fortitude Valley QLD 4006
Property Features
  • Offices
  • Land is 180 m²
  • Floor Area is 180 m²
  • Car Spaces

Description

For Sale $1,180,000
Offices
Description

7% Yield Investment Prime Inner-City Location New 5+5 Year Lease To 2035

Offices - Fortitude Valley QLD

INVESTMENT HIGHLIGHTS

– 5-year lease to 2030 + 1 x 5-year option
– Net Income $82,400pa + GST
– Fixed 3% annual increases ensuring rental growth
– 180sqm office + carpark + storage
– 4-month bank guarantee
– Tenant pays all outgoing as per the lease, including land tax for single holding
– High-profile city fringe position with excellent exposure
– Professional services tenant in occupation 12+ years
– Versatile zoning allowing for commercial and residential use
– Opposite Spring Hill Marketplace: Woolworths Metro + convenience retail
– Unparalleled access to Brisbane CBD and thriving Fortitude Valley.

Price guide: $1,180,000 / 7% yield return.

Be quick, this off-marketing opportunity wont last.

Property Features
  • Offices
  • Land is 180 m²
  • Floor Area is 180 m²
  • Car Spaces
Sarah Broad
0475 944 322
07 3220 3611

Agent iNFORMATION

Sarah Broad
Mobile 0475 944 322
Office 07 3220 3611

Make an Enquiry

07 3220 3611

Level 12, 324 Queen Street
Brisbane Qld 4000

Other Properties

Kelly Co Property REVVERMILION

property appraisal

07 3220 3611

Level 12, 324 Queen Street Brisbane Qld 4000