Property ID : 133483
Sold $930,000 - Offices
Solid Investment with 6 Car Parks
This property is located in the inner-city suburb of Milton, approx. 1.8km from the CBD. The area benefits from direct access to Milton Road, Coronation Drive and all forms of public transport including train, bus and Citycat. The 185sqm office space has a quality fit out, end of trip facilities and has just had a brand-new A/C system installed (Value $13,000.00). The property is tenanted by Bicycles Queensland who have just exercised a three year second term of its lease commencing on 1st June 2021. The property returns approx. $63,982.00 PA Net and is a fantastic investment opportunity. Unit 16 also benefits from 6 dedicated (on title) car spaces which is highly unusual for the area and well above standard car parking ratios. The complex also benefits from a popular Vietnamese café/sandwich bar providing convenient amenity for tenants and guests.
Contact Exclusive Agents FAL Property Group Today.