Cleveland, QLD 4163

Offices

For Sale Mid $500, 000's

  • Property ID: 335218
  • Occupancy: Vacant
Office Building unique opportunity $500,000 ex GST secure government tenant

Phone enquiries - please quote property ID 12768

This is unique opportunity to purchase a share of this high quality building. Centrelink have entended lease into second term and have been in the building for 7 years. The vendor purpose built for Centrelink in 2005/6. The owner is looking to share the investment as an alternate to selling. If you are looking for a high quality imnvestment that will returm a capital gain and increasing rental, current lease provides 3% per annum increases this is for you.

Building is only 7 years old, fully airconditioned with 36 basement carparks. There is a lift between the basement and the office level. Building is well maintained as part of the lease and is in as new condition.

This is an ideal investment for an investor looking for an alternate to residential property, The professional management that is currently in place for the whole building will lok after all on going management and costs and regular payments of $2,500 ex GST/month, nett of all outgoings and building costs are fully supported by the current goverment lease and building management. Email or call to discuss how this unique opportunity can work for you.

Purchasers must be Investors defined as sophisicated Investors as defined under the ASIC Corporations ACT.

Cleveland Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $6233 $401 6.43%
Industrial $2678 --- ---
Retail $5001 $340 6.79%
This is the average advertised price, rent and yield for Cleveland, QLD 4163*

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:

  • 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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