3, 20 Masthead Drive, Cleveland, QLD 4163

Offices | Medical

For Sale $399,000

  • Property ID: 385365
  • Floor Area: 54m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Investment Opportunity - A Grade Harbourside Office Suite

This modern and well presented ground floor office suite is located in "Anchorage Raby Bay", a multi storey commercial and residential complex on Raby Bay Harbour, providing spectacular views across the Raby Bay Marina and only a short walk to restaurants, coffee shops, Cleveland CBD and Cleveland Railway Station.
Features include:
* A Grade ground floor air conditioned office suite with quality fit out
* Full glass frontage offers spectacular water views
* Reception and large partitioned office
* Open plan office/lunchroom with kitchenette at rear
* Two exclusive basement car parks
* Ample street parking
* Currently leased to 7 March 2022 with a one year option
* Current net rental income of $13,892 per annum
* No GST applicable
* Information Memorandum available on request

For further information and to arrange an inspection (by appointment only) please contact Nick Comino or Colin Tucker.

Cleveland Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5001 $340 6.79%
Industrial $2678 --- ---
Offices $6233 $401 6.43%
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:

  • 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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