Description
Entry Level High Yielding Investment - 7.5%+ yield
Offices Sold - Spring Hill QLD
– Brisbane City fringe investment
– Long-standing tenant
– New 3-year lease + options to 2036
Located on the doorstep of Brisbane City, this entry-level commercial investment provides a strong return with a long-standing tenant on a new 3-year lease plus options to 2036.
Located on busy Upper Edward Street, the 165sqm unit comprises five individual offices, boardroom, kitchen, utility storage and a large reception area.
Investment Highlights
– High-yielding 7.5%+ Entry-level investment
– Net Income $65,384pa
– 3-year lease to June 2027 + 3 x 3 year option
– 165sqm fourth-floor office
– Located on busy Upper Edward Street
– Less than 800m to Central Station and a 10-minute walk into Brisbane CBD and Queen Street Mall
– Currently tenanted by The Guild Group: national firm offering services across wealth, accounting, finance, legal, insurance, venture capital and marketing
– Tenant in occupation 5+ years
– Tenant pays all outgoings, including management fees as per the lease
– Annual 3% fixed increases
High-yielding entry level investments in a prime location such as Spring Hill don’t last long, so be quick to make the most of your next investment now.
Contact Exclusive Agent Sarah Broad on 0475 944 322.
Property Features
- Offices
- Land is 165 m²
- Floor Area is 165 m²
