– National tenants with 5.24yr WALE – Significant land holding – High growth area
FAL Property Group is proud to present 10-22 Commercial Dr, Springfield, to the Market. This property comprises of three buildings on an extensive land parcel of 6,608sqm in the heart of Springfield’s humming commercial hub.
This blue-chip offering includes national tenants Bridgestone, Tradelink, Vinnies, and Stellar Medical. The trophy Springfield asset is perfect for investors seeking a strong and stable return in a high growth area. The property is further underpinned by an impressive 5.24 year WALE with all tenants having recently undergone lease renewals.
Features include: – Significant land holding – Secure national tenants – Great exposure – Located in a high growth area – Net income of $657,146* pa – 64 car spaces – Drive around access – 110m street frontage
This property will be auctioned on the 13th of June at 11:00am in room 65 Sylvan Rd, Toowong.
Reach out to one of our agents today for the IM and more information.
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Property Appraisal Calculator
Assumptions
Rents are gross rents (incl outgoings) and excl GST
The rent min/max proposed are based on the current averages observed in the marketplace, excluding the CBD where wider variances can be seen. Use this tool as a generic rental guide only. It should not be used for valuation or rent determination reasons.
For a specific appraisal please contact our agency.
Assumptions
The price min/max proposed are based on the current averages observed in the marketplace, excluding the CBD where wider variances can be seen. Use this tool as a generic price guide only. It should not be used for valuation or rent determination reasons.
For a specific appraisal please contact our agency.
Assumptions
The value min/max proposed are based on the current averages observed in the marketplace, excluding the CBD where wider variances can be seen.Use this tool as a generic price guide only. It should not be used for valuation or rent determination reasons.
For a specific appraisal please contact our agency.