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Freehold Investment - 7.89% Net yield

199 Montague Road, SOUTH BRISBANE QLD, 4101

For Sale

Property for Sale in 199 Montague Road, SOUTH BRISBANE QLD, 4101

Ray White Commercial Qld

Level 26, 111 Eagle Street (GPO Box 2433), Brisbane, QLD 4001

Listing ID:
11344397
Status:
Active
For:
Sale
Price:
$4,500,000
Last Updated:
05/07/2019
Icon building

Property Type

Offices
Icon square

Land Area

1196 SQM
Icon size

Floor Area

958 SQM
Icon parking

Parking

24

Freehold Investment - 7.89% Net yield

RAY WHITE COMMERCIAL QUEENSLAND IS PLEASED TO OFFER 199 MONTAGUE ROAD, SOUTH BRISBANE FOR SALE.

The property is currently leased to Catholic Education who have been long term occupants in the building. This sought after freehold commercial office building which forms part of a mixed development, offers the following key features:

• Coveted Montague Road location, with easy access to the Brisbane CBD and surrounding suburbs
• Excellent street appeal and corporate exposure
• Current lease income of $387,801*p.a. secured by institutional tenant
• Functional floor plates
• Superb car parking (24 car spaces are provided at the front and rear of the site, 11 of which are undercroft)
• Located in the heart of rapidly changing urban renewal precinct
• Surrounded by excellent staff amenities
• Future owner occupier premises

*approx

For more details, please email agent

Ray White Commercial Qld

Level 26, 111 Eagle Street (GPO Box 2433), Brisbane, QLD 4001


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