Sandgate, QLD 4017

Medical | Retail | Offices

Sold $725,000

  • Property ID: 286574
  • Floor Area: 81m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 29/03/2018 81m2 N/A $710,000
FANTASTIC RETAIL INVESTMENT - 6.9% YIELD

This professional orthodontic surgery is located in the heart of Sandgate and has everything at it's finger tips.
The tenancy is leased to a orthodontist who has invested a large amount on his fit out and the lease expires in Jan 2022 - While the business has been in operation since 2010 the new owner has just signed the current five (5) year lease in December 2017 which also includes 2 options of five (5) years.

- Long strong leases until Jan 2022 + options.
- All out goings and costs paid by the tenant.
- Rent increases at a guaranteed 4% per year.
- 70m2 direct street frontage and 11m2 basement storage.
- Strata title professional office space
- 4 Car parks are included in the property title and fantastic public transport.
- Great fit-out paid for by tenant secures the lease.

Call Richardson and Wrench Commercial Brisbane North for further details.

Additional Information
Features
  • Car Spaces: 4
Sandgate Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $300 ---
Offices --- $343 ---
Retail --- $556 ---
This is the average advertised price, rent and yield for Sandgate, QLD 4017*
* 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.
Tools

  Richardson & Wrench Commercial Brisbane North

 

View Agency Profile

Property Detail Notes:

  • 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.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×