Offers from $1.85 million Considered

With the current owners showing a nett return of approx. $111,111.00 per annum, this property is offering a 6% return, a long lease term in place with a quality tenant, making it an ideal addition to any portfolio.

We are proud to bring to market, these 2 modern, high quality offices in the heart of Newstead. Unit 17 and Unit 18 combined represent a unique opportunity to buy a substantial investment property with secure income, long term growth potential or future division of the units.

Positioned within walking distance to high end Precincts including Gasworks and James St, this modern office space not only captures a clean professional aesthetic but also convenience.

Features include:
• 229sqm of quality office space on the 3rd floor
• 2 balconies giving approx. 32sqm usable balcony space with sweeping views
• Efficient professional layout including Entry, boardroom, executive suite and open plan work areas, Kitchenette, 2 internal Bathrooms and Storage
• High ceilings & natural light throughout
• 4 onsite, 2 offsite Carparks
• Highly sought after position in the heart of Newstead close to major entertainment and lifestyle precincts
• Gross income of approx. $160,000 per annum, with 3.5% annual increases
• New 5 year lease from 1st January 2025
• Ideal Investment with secure long term international tenant (Interface), and potential capital growth with the impending Brisbane Olympics

For further information on income/expenses/lease details, contact Peter Torbey on 0411 599 964, or email: peter@pjtorbeyre.com.au