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Property ID: 368894

 

Tenanted Investment Opportunity

397 Gympie Road, Strathpine, QLD 4500

- 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

Sold

$900,000

Jd Davies