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Office
Sold
19/457 Upper Edward Street, Spring Hill
Upper Edward Street, Spring Hill
Price
POA
Income
$65,384 p.a.
Size
165 sqm
Type
Office
Land Size
165 sqm
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.
