Suite 101, 53 Endeavour Boulevard, North Lakes, QLD 4509

Offices | Retail

Sold $2,500,000

  • Property ID: 423974
  • Floor Area: 464m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 464m2 N/A N/A
STREET FRONTING RETAIL/OFFICE INVESTMENT

We have been give clear instructions to present all offers to the owner, so don’t delay as this one will be sold.

Prime ground floor retail/office investment with street frontage in the centre of North Lakes only moments away from the Westfield shopping centre anchored by Ikea and within close proximity to the North Lakes Medical Precinct.

The property is occupied by Help Enterprises who have just exercised their option for another 3 year term with a current net rental of $219,040.32 plus GST and Outgoings.

Help Enterprises has been in operation as a non for profit company since 1968 providing employment and housing services to the disabled. Www.helpenterprises.com.au

Features:

~ New 3 year lease at $219,040.32 plus GST and Outgoings
~ Longstanding tenant since 2017
~ Annual increases at CPI
~ Main road exposure
~ Total area of 464sqm*
~ Ample onsite parking
~ Front and rear access

Location Highlights:

~ 1 minute to Westfield North Lakes
~ 2 minutes to North Lakes Health Precinct
~ 4 minutes to the Bruce Highway
~ 25 minutes to Brisbane Airport
~ 35 minutes to the Brisbane CBD
~ 35 minutes to the Sunshine Coast

For further details please contact exclusive marketing agents Matt Marenko, Jack McCormack, Will Carman and Mitch Witherow.

*Approx
**Outline Indicative only

North Lakes Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $7099 $564 7.95%
Industrial $4179 $232 5.54%
Retail $7466 $640 8.57%
This is the average advertised price, rent and yield for North Lakes, QLD 4509*

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™.
  • 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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