108 Bromley Street, Kangaroo Point QLD 4169
ENTIRE UNIT BLOCK INVESTMENT OPPORTUNITY! A rare opportunity presented itself for this block of 4 units positioned on a 642m2*…
FULLY LEASED FREESTANDING INVESTMENT
Occupying a prominent corner position, the fully leased investment with development upside is ideally located in the heart of the rapidly transforming Fortitude Valley and is just 1.2km* from the Brisbane CBD and within 1km of Brisbane’s tunnel junction consisting of the Inner-City Bypass, AirPort Link Tunnel, CLEM7 and Legacy Way providing direct access to Brisbane’s major arterial network.
– 1,050sqm* dual tenanted office building over two (2) levels
– 1,162sqm* rectangular site with over 36m* frontage to Brunswick Street & 27m* frontage to Amelia Street
– Fully leased returning $435,629p.a.* Net income
– 3.7* year WALE (as at 01/08/2017)
– Leases feature 4% and 3.5% fixed annual increases
– Development approval for an easily constructed additional 482sqm* of floor space
Sales Analysis | |
Sale Price: | $5,926,925 |
Sale Date: | December 2017 |
Building Area: | 1,050m2* |
Land Area: | $1,162m2* |
$/ m2: | $5,645 /m2* |
Yield: | 7.35% |
No. of Prospects: | 120* |
Market Generated: | 30* |
Direct Contact: | 90* |
Marketing Budget: | $26,244 |
Sales Process: | Expression of Interest |
ENTIRE UNIT BLOCK INVESTMENT OPPORTUNITY! A rare opportunity presented itself for this block of 4 units positioned on a 642m2*…
Brand new refurbished free standing leased investment opportunity. Located in the Hawthorne cinema precinct, tenants include The Fishmongers Wife and…