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Fully Leased Multi-Tenanted 7% InvestmentProperty ID 1692477Ray White Commercial TradeCoast is pleased to present this modern, fully leased, multi-tenanted 259sqm commercial office & retail building for sale via Private Treaty for the first time.
Located in the Tingalpa Central development with the Coffee Club at the entrance, this property is well located and provides easy access to the Gateway Motorway just 1km* away.
- Featuring three individual tenancies consisting of 64sqm, 71sqm and 124sqm.
- Fully leased with two new three year leases, the third lease has 18 months to run with a 3 year option.
- Current Net income of $87,616pa + Tenants pay all Outgoings + GST
- The property directly faces busy Wynnum Road offering massive signage exposure for the Tenants
- Near new facility offers full depreciation benefits to the savvy investor.
- Sale Price: $1,252,000 GST Exempt - (Going concern rule applies) = 7% Net Return!
Contact Exclusive Agent Jared Doyle of Ray White Commercial TradeCoast for copies of the leases and to arrange an inspection today as this won't last!!
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.