Secure and affordable freehold investment
Positioned in the heart of the CBD, this bite sized freehold opportunity offers the perfect balance of security, convenience, and growth potential.
This ground floor commercial space comprises approximately 111sqm (more or less) and forms part of the luxury Quayside Apartment complex, a prestigious development of only 12 tightly held commercial units. Since its completion in November 2009, the property has been occupied by just one long-standing tenant, highlighting its strong appeal and reliability.
Currently leased with a net rental income of $33,000 +GST, the investment is underpinned by excellent fundamentals. Four secured undercover car parks add further value, ensuring accessibility and convenience for both tenants and clients.
The property enjoys a prime position surrounded by established businesses, shops, and cafes, benefitting from strong foot traffic and the vibrancy of the CBD.
Key highlights include:
* Well maintained premises with a strong lease in place
* Four secure undercover car parks
* Reliable income stream with full tenancy details available on request
* Surrounded by quality amenities in a thriving location
This is a motivated sale from a retiring vendor, presenting an affordable entry or addition to any commercial portfolio. Whether you're a first time investor or a seasoned professional, this premium property represents a smart choice in a tightly held market.
Don't miss out - opportunities like this are rare!
This ground floor commercial space comprises approximately 111sqm (more or less) and forms part of the luxury Quayside Apartment complex, a prestigious development of only 12 tightly held commercial units. Since its completion in November 2009, the property has been occupied by just one long-standing tenant, highlighting its strong appeal and reliability.
Currently leased with a net rental income of $33,000 +GST, the investment is underpinned by excellent fundamentals. Four secured undercover car parks add further value, ensuring accessibility and convenience for both tenants and clients.
The property enjoys a prime position surrounded by established businesses, shops, and cafes, benefitting from strong foot traffic and the vibrancy of the CBD.
Key highlights include:
* Well maintained premises with a strong lease in place
* Four secure undercover car parks
* Reliable income stream with full tenancy details available on request
* Surrounded by quality amenities in a thriving location
This is a motivated sale from a retiring vendor, presenting an affordable entry or addition to any commercial portfolio. Whether you're a first time investor or a seasoned professional, this premium property represents a smart choice in a tightly held market.
Don't miss out - opportunities like this are rare!
Key features
Occupancy
Tenanted investment with strong lease in place
Passing income
Net income of $33,000 +GST
Lease term
Three years effective 1 March 2024 with three further terms of three years each
Floor area details
111sqm (more or less)
Parking
Four secured onsite carparks
Location
Superbly located with plenty of amenities within the immediate locale
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