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Office
Sold
21 McLachlan Street, Fortitude Valley
McLachlan Street, Fortitude Valley
Auction: Tuesday, 8 May 2018
POA
Price
635sqm
Size
office
Description
New 7 year lease to 2024 + option to 2029 ARRB Group Ltd: 55 year old national road transport and research organisation Brand new high quality building refurbishment with capital intensive tenant fitout 635 sqm building area over two levels 364 sqm freehold site on Brisbane CBD fringe Fixed 3% annual rent increases providing guaranteed growth Single tenanted investment with minimal ongoing management Fortitude Valley: the heart of Brisbane?s commercial and entertainment district on the fringe of the CBD and surrounded by Public transport options Net Income: $281,876 pa + GST ($291,351 pa as at 1 August 2018) Auction 11am Wednesday 9 May 2018 River Room, Crown Casino, Melbourne