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
- About