5/175 Ocean Drive, Twin Waters, QLD 4564

Investment | Offices | Retail

Sold $370,000

  • Property ID: 248375
  • Floor Area: 83m²
  • NBN Availability: Not Currently Available
  • Cafes: 1 nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 07/05/2017 83m2 N/A $370,000
North Shore Investment - Longstanding Tenant + 5 Year Lease in Place

- 83m2
- The current leased commenced on 1/1/2015
- $25,056.07 pa net income as at 1/1/17
- Tenant pays 100% of outgoings
- 5% fixed annual increases on base rent
- Ample on site car parking

This property is well positioned within a professional office complex in beautiful Twin Waters. This tenanted strata titled suite would make the perfect addition to your investment portfolio or SMSF. The property is tenanted by a well-established real estate agency, Century 21, who service the North Shore and extended region in residential sales and property management. The ground floor office is situated among other professional service tenants. The complex is currently fully leased and has a history of very low vacancy rates.

For sale by Expressions of Interest closing Thursday 27th April 2017 at 5pm.

To obtain an Information Memorandum please contact the Exclusive Marketing agent today.

Additional Information
Features
  • Zoning: Local Centre Zone
Twin Waters Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $3846 --- ---
Retail $2913 --- ---
This is the average advertised price, rent and yield for Twin Waters, QLD 4564*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 5/175 Ocean Drive, Twin Waters, QLD 4564. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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