20-24 Commerce Drive, Browns Plains, QLD 4118

Investment | Offices | Retail

Sold

  • Property ID: 266135
  • Floor Area: 182m²
  • NBN Availability: Build Commenced
  • Cafes: 5 nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 10/10/2017 182m2 N/A Contact Agent
National Tenant + 4% Annual Increases

Ray White Commercial (Qld) are pleased to exclusively offer 2205 and 2206 / 20-24 Commerce Drive, Browns Plains QLD for sale by Expressions of Interest, closing Wednesday 4 October 2017, 4pm (offers prior considered).

This offering represents the opportunity to invest in a secure education investment property leased to Kirana Education.

Kirana Education is one of Australia's fastest growing Registered Training Organisations with 7 campuses and progress underway to open 5 new campuses by 2018.

- 3 year lease to 2020 + options to 2026
- Strong income growth with fixed 4% annual increases
- Secure monthly income stream underpinned by a 3 month security bond
- Sale includes the current fit out with significant depreciation benefits.
- Net income of $69,031* + GST

As the exclusive marketing agents we encourage your strong consideration of this outstanding asset and look forward to assisting you with your enquiries.

*approximately
**This property is being sold by Expressions of Interest therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Browns Plains Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5323 $339 6.38%
Retail $6130 $389 6.35%
Industrial $4164 $133 3.19%
This is the average advertised price, rent and yield for Browns Plains, QLD 4118*

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.

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 20-24 Commerce Drive, Browns Plains, QLD 4118. 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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