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Office
Under Offer
19/457 Upper Edward Street, Spring Hill
Upper Edward Street, Spring Hill
POA
Price
165sqm
Size
office
Description
- Brisbane City fringe investment - Long-standing tenant - New 3-year lease + options to 2036 Located on the doorstep of Brisbane City, this entry-level commercial investment provides a strong return with a long-standing tenant on a new 3-year lease plus options to 2036. Located on busy Upper Edward Street, the 165sqm unit comprises five individual offices, boardroom, kitchen, utility storage and a large reception area. Investment Highlights - High-yielding 7.5%+ Entry-level investment - Net Income $65,384pa - 3-year lease to June 2027 + 3 x 3 year option - 165sqm fourth-floor office - Located on busy Upper Edward Street - Less than 800m to Central Station and a 10-minute walk into Brisbane CBD and Queen Street Mall - Currently tenanted by The Guild Group: national firm offering services across wealth, accounting, finance, legal, insurance, venture capital and marketing - Tenant in occupation 5+ years - Tenant pays all outgoings, including management fees as per the lease - Annual 3% fixed increases High-yielding entry level investments in a prime location such as Spring Hill don?t last long, so be quick to make the most of your next investment now. Contact Exclusive Agent Sarah Broad on 0475 944 322.
