Tenanted Office Suite Returning 7.5% Net
Property ID: 16771165
Purchase Price $335,000
Net Rent $25,200 pa
Net Return 7.5%
3 Year Lease until 2019 with option to renew.
This commercial space in Queensland is leased to a tenant in computer software development. This office space is located in the hub of a LGA which is one of the country's fastest growing (population set to add 120,000 people by 2031) and in demand regions, with a myriad of new infrastructure in the area such as an approved new university, completion of the nearby train line extension and an expansion of a nearby Westfield shopping centre.
Adjacent to a Westfield Shopping Centre
Three Levels of Parking
Building consists of retail on the ground floor and offices on the first floor.
56 m2 floor area
Estimated Cash Flow Positive $70 per week*
Contact Yujin Yeoh on 0479 191 815 for more details.
* Figure is an estimate only based on a 5% interest rate and the purchaser earning more than $87,000 p.a. Figures will vary for each individual's circumstances and you should seek advice from your accountant to obtain accurate figures for your personal circumstances.