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Stand Alone Investment Property

$650,000

161 Brisbane Road, Booval, Queensland

Stand Alone Investment Property

This free standing property investment is ideally positioned on the main thoroughfare into the Ipswich CBD area with thousands of passing cars each day. This property boasts excellent exposure with high visibility being a prime corner location minutes from the City's Centre. It has extensive dual street frontage and benefits from easy access to the property via Cothill Road. Council approved for Medical / Professional Offices and has been reconfigured into Health Consulting Rooms with 9 car parks.

National Tenant "SNORE" has recently renewed their lease for a further two years and has a five year option following. Current lease commencement date 27th Jan 2018 with option following on 26th Jan 2020. SNORE have been Tenants for the past 5 years and have carried out extensive renovations and modifications and the property presents in immaculate condition. Annual net rent is $41,038.80 + GST and Tenant pays 100% of all outgoings.

This property is the ideal investment property. Situated in one of Queensland's fastest growing regions, minutes from the CBD. It has a secure, long term tenant in place and is PRIME for redevelopment with with multiple opportunities to further increase income.

For a comprehensive Information Memorandum including Lease details please contact Dan Bradley 0401 253 310

Features

General Features

  • Land Size: 830 m2 (approx)

Commercial Links / Tools

Last updated: 9th October 2018

Summary

Property Type
Commercial
Contract Type
For Sale
Location
 Booval
State
 Queensland
Price
$650,000
Category
  • Medical/Consulting
  • Offices
  • House

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Agency

First National Real Estate Coastal

First National Real Estate Coastal

Contact

Dan Bradley
First National Coastal Mooloolaba