Investment | Offices

Property ID: 263688

 

Company Established 40 Years' Ago

24 East Street, Ipswich, QLD 4305

Highlights of the Property include:

- Brand new lease to national covenant
- Lease expires 3 July 2022 plus five (5) year option.
- Net lease with tenant paying all outgoings
- Annual rental adjustments of 4%
- Net Income of $340,000* p.a.
- Substantially refurbished commercial building providing an excellent standard of office accommodation
- Ipswich will be the fastest growing city in Queensland over the next twenty years
- Situated in close proximity to transport options and shopping amenities

Asking Price: $3,850,000

*approximately

Sold

$3,850,000

John Dwyer(07)32312117