FOR SALE | TROPHY ASSET | BY AUCTION

  • 12 months ago
  • News

FOR SALE: SOUTHEAST QUEENSLAND TROPHY ASSET

22 Commercial Drive, Springfield, QLD 4300

– 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.

Jeremy Conybeare
0411 228 233
jeremy@falproperty.com.au

Philippe Levesque
0434 471 144
phil@falproperty.com.au

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