Prime Commercial & Retail Investment Opportunity in Milton, Brisbane QLD

RWC Milton is pleased to present 36 Park Road, Milton, to the market for sale via Expression of Interest closing 20th of November 2024 (If not sold prior).

This exceptional commercial and retail property in Milton offers a rare investment opportunity with secure, long-term tenants in place across both retail and office spaces. The property features two high-profile retail tenants on the ground floor and four established commercial office tenants, ensuring a diversified income stream.

Investment Highlights:

• Total net income $259,243.20pa (Plus outgoings and GST)*. Gross return of $398,984.24*
• Total NLA - 596sqm* Freestanding retail and commercial building sitting on 809sqm* of DC2 District Centre land.
• Prime location: situated in the heart of Milton, one of Brisbane's most dynamic and sought-after suburbs for both commercial and retail activities.
• Secure tenancy mix. Most tenants have been very long-term.
• WALE of 2 years*.
• Huge undercover car park (28 cars): All car parks are currently leased either to the sitting tenants or on a month-to-month basis to surrounding businesses.
• Flood-free site
• Hugely popular Milton city fringe precinct
• Staggered lease expiries ensuring cashflow security into the future, and rental reversion potential.

* approx

This property represents a solid, low-risk investment opportunity with the potential for long-term capital growth. An ideal choice for investors looking to expand their portfolio in Brisbane's booming commercial market.

Expression of Interest Campaign closing at 4 pm on the 20th of November 2024 (if not sold prior). Don't hesitate to get in touch with the undersigned for further information.

Explore the area

School catchments

Hubbard's School Secondary 11-12 Independent 0.12km
Hubbard's School Secondary Independent 0.13km
Milton State School Primary Prep-6 Government 0.77km
Arethusa College - West End Campus Secondary Independent 0.78km
West End State School Primary Prep-6 Government 1.1km
Petrie Terrace State School Primary Prep-6 Government 1.3km
St George College Primary Independent 1.4km
Brisbane State High School Secondary 7-12 Government 1.6km
Brisbane Grammar School Combined 5-12 Independent 1.7km
Brisbane Girls Grammar School - Primary Campus Primary Independent 2.0km
Compass Independent School Combined Prep-7 Independent 2.0km
Brisbane Girls Grammar School Secondary 7-12 Independent 2.0km
Toowong State School Primary Prep-6 Government 2.0km
Omni Academies of Learning Secondary 7-9 Independent 2.0km
Rainworth State School Primary Prep-6 Government 2.0km
The Industry School - Brisbane Secondary 10-12 Independent 2.1km
IES College Secondary 12 Independent 2.1km
Queensland Academy for Creative Industries Secondary 10-12 Government 2.2km
Somerville House Combined Prep-12 Independent 2.4km
St Ignatius School Primary Prep-6 Catholic 2.4km
Brisbane Boys' College Combined Prep-12 Independent 2.5km
Kelvin Grove State College Combined Prep-12 Government 2.5km
St Joseph's College Combined 5-12 Catholic 2.5km
Brisbane Central State School Primary Prep-6 Government 2.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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