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First Class Commercial Investment!

19/302 South Pine Road, BRENDALE QLD, 4500

For Sale

Property for Sale in 19/302 South Pine Road, BRENDALE QLD, 4500

McGees Property Brisbane

Level 5, 410 Queens Street, Brisbane, QLD 4000

Listing ID:
11189219
Status:
Active
For:
Sale
Price:
$1.7 million
Last Updated:
08/06/2020
Icon building

Property Type

Offices/Industrial/Warehouse
Icon square

Land Area

N/A
Icon size

Floor Area

418 SQM
Icon parking

Parking

N/A

First Class Commercial Investment!

Don't miss out on this rare opportunity to secure a great office investment leased to a strong tenant. Situated in South Pine Central, this property enjoys a total gross floor area of 418m2 over four adjoining strata title ground floor units.

The property enjoys the following features:
- Suspended ceiling and air-conditioned throughout
- Elaborate internal partitioning including training rooms and admin offices etc
- Lessee: Cerebral Palsy League of Queensland
- Term: 7 years
- Rental: $129,234 p.a + GST + outgoings
- Reviews: $3.5% p.a fixed and to market on the exercising of the option
- Option: 2 x 2 years each
- Depreciation Allowances: Significant deprecation benefits apply

Situated in one of Brisbane's fastest growing commercial precincts, South Pine consists of a diverse range of businesses. Brendale has gained a favourable reputation for being one of the main commercial/industrial hubs of Brisbane's north.

For more information or to arrange an inspection contact the agent today!

For more details, please email agent

McGees Property Brisbane

Level 5, 410 Queens Street, Brisbane, QLD 4000


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