397 Gympie Road, Strathpine, QLD 4500

Retail | Offices | Development/Land

Sold $900,000

  • Property ID: 368894
  • Floor Area: 240m²
  • Land Area: 2023m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 240m2 2023m2 N/A
Tenanted Investment Opportunity

- 100% Tenanted Investment Site
- 2 x freestanding commercial buildings
- Total floor area of 240 m2 comprising 2 x 120 m2 tenancies
- Total land area of 2,023 m2
- Nett annual return $59,700 approx.
- Main road exposure to 36,162 cars passing daily^

Tenant Details:
Tenancy 1 -
- 3 year lease, commencing 01Oct19
- 3% annual term reviews
- $28,800 annual rent
- Tenant pays 100% outs

Tenancy 2 -
- 27 month lease + 2 year option, commencing 01Apr18
- 3% annual term reviews
- $30,900 annual rent
- Tenant pays 100% outs

- Located minutes drive to major shopping centre & railway station and 30 mins to Brisbane CBD & airports.

Call The Commercial Guys today to book your inspection or for further property information.

*Unless otherwise stated, the price/property may be subject to GST.

^Dept of Transport 2018 Census, Annual Average Daily Traffic Count

Strathpine Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $364 ---
Retail --- $365 ---
Industrial $9000 --- ---
This is the average advertised price, rent and yield for Strathpine, QLD 4500*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail 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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