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INVESTMENT OPPORTUNITY!!

TINGALPA QLD, 4173

For Sale

Property for Sale in TINGALPA QLD, 4173

King & Co Property Consultants - Woolloongabba

99 Annerley Road , Woolloongabba, QLD 4102

Listing ID:
11251917
Status:
Active
For:
Sale
Price:
Sale: $1,199,000
Last Updated:
09/10/2019
Icon building

Property Type

Retail/Offices
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Land Area

N/A
Icon size

Floor Area

259 SQM
Icon parking

Parking

N/A

INVESTMENT OPPORTUNITY!!

* Multi tenanted fully leased investment
* Returning $87,616 net per annum plus GST
* Three secure tenancies - two brand new three year leases
* Provides a 7% net return per annum

7% net return. Fully leased investment. Multi-tenanted investment opportunity. Three secure tenancies. Two brand new three year leases. 4% annual increases. Sought after complex. Excellent main road exposure,

This opportunity is not to be missed.

Located just twelve kilometres from Brisbane’s CBD, Tingalpa is mainly a semi-rural precinct, with the rest being industrial. Features include a close proximity to the Murarrie/Gateway Corridor, making it a prime area for development and future growth. Similarly attractive is its quick access to the Port of Brisbane, the Brisbane Airport and the Eastern suburbs. Recently there’s been a good level of sales and leasing activity, with anything coming onto the market quickly taken up. All in all this has resulted in most deals providing value for money.

Ref: 45149

For more details, please email agent

King & Co Property Consultants - Woolloongabba

99 Annerley Road , Woolloongabba, QLD 4102


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