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3/22 Barry Parade Fortitude Valley

Barry Parade, Fortitude Valley
POA
Price
180sqm
Size
office

Description

INVESTMENT HIGHLIGHTS - 5-year lease to 2030 + 1 x 5-year option - Net Income $82,400pa + GST - Fixed 3% annual increases ensuring rental growth - 180sqm office + carpark + storage - 4-month bank guarantee - Tenant pays all outgoing as per the lease, including land tax for single holding - High-profile city fringe position with excellent exposure - Professional services tenant in occupation 12+ years - Versatile zoning allowing for commercial and residential use - Opposite Spring Hill Marketplace: Woolworths Metro + convenience retail - Unparalleled access to Brisbane CBD and thriving Fortitude Valley. Price guide: $1,180,000 / 7% yield return. Be quick, this off-marketing opportunity wont last.

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3/22 Barry Parade Fortitude Valley | Nordmarq Property