FREEHOLD MULTI TENANTED COMMERCIAL INVESTMENT
1-3 Noel Street, Slacks Creek, QLD 4127
• 10 Tenancies within the building
• Current gross income $149,955.37 pa*
• Current net income $116,066.25 pa*
• Outgoings approx. $33,889.12 pa*
• Shop 2 GF - vacant (once leased - $22,200 pa gross + gst)
• Shop 9 1st Floor - vacant (once leased - $14,000 pa gross + gst)
• Projected net income $152,266.25 pa* (once fully leased)
• Projected gross income - $186,155.37 pa* (once fully leased)
• Total net area 720m2*
• Land area 589m2*
• Excellent exposure to Kingston Road
• Secure undercover basement parking
• Walking distance to cafes, restaurants and public transport
• Just minutes to the M1 and major arterial roads
(Breakdown of outgoings)
Council Rates $20,748.52 p.a.
Common Power $1,600 p.a.
Cleaning Contract $4,752 p.a.
Insurance $6,788.60 p.a.
Slacks Creek is located with the Brisbane Region approximately 21 kilometres Southeast of the Brisbane CBD. Its position is greatly serviced by the Pacific Highway linking both the north and the south along with the Logan Motorway and Gateway Motorway. Slacks Creek has a strong growing population with a mix of retail, commercial and industrial properties.