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7.5% RETURN - BRAND NEW 5 YEAR LEASE!

365 St Pauls Terrace, FORTITUDE VALLEY QLD, 4006

For Sale

Property for Sale in 365 St Pauls Terrace, FORTITUDE VALLEY QLD, 4006

Listing ID:
11340117
Status:
Active
For:
Sale
Price:
BRAND NEW 5 YEAR LEASE
Last Updated:
04/02/2020
Icon building

Property Type

Offices
Icon square

Land Area

N/A
Icon size

Floor Area

520 SQM
Icon parking

Parking

2

7.5% RETURN - BRAND NEW 5 YEAR LEASE!

Raine & Horne Commercial are pleased to present to the market a prime tenanted investment opportunity situated within "The Coterie", a prestigious collaboration from award winning design teams at Rothelowman and Bruce Henderson Architects. The Coterie is a mixed use development and modern day sanctuary which includes within its design the St Pauls Bakery heritage facade and original bakers oven. The development features a diverse selection of 1 and 2 bedroom apartments, 4 penthouses and prominent ground floor retail and office space with frontage to both St Pauls Terrace and Alfred Street.

The key investment highlights of Tenancy C at 365 St Pauls Terrace are as follows -

* 520sqm leased multi-level office
* 299sqm ground floor, 101sqm basement, 119sqm mezzanine
* Brand new 5 year lease commencing on project completion (Dec 2019 approx.)
* Providing a net return of $230,000 + GST per annum
* Exclusive on-site car parking
* Unique heritage frontage with exposure to St Pauls Tce
* Original heritage bakers oven within tenancy
* Immediate access to a range of surrounding amenity
* Unrivaled access to public transport with Fortitude Valley Station only 130m away
* Ample on-site visitor car parking of 35 bays (approx.)

For further information or to arrange an inspection contact your Raine & Horne Commercial agents.

Listing ID - 20046053

For more details, please email agent

Raine & Horne Commercial Brisbane North

6/87 Webster Road, Stafford, QLD 4053


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