Prime Commercial Property Anchored by National ASX-Listed Tenant
This prime commercial property in Queensland is anchored by two well-established tenants, including a national ASX-listed company, making it a highly secure and attractive investment. The property is fully leased, offering a solid net income of $277,282 per annum with a 7.49% net yield. Located on a substantial corner block with triple street frontage, it enjoys exceptional exposure to high traffic volumes, further enhancing its appeal.
With a land area of 665m²* and a total net lettable area of 1,079m²*, the property is zoned as a Principle Centre, ensuring long-term growth potential. The investment has a weighted average lease expiry (WALE) of 3.7 years*, offering stability and a strong income stream. This is a rare opportunity to secure a high-yield, fully leased commercial asset in a prime location.
report, bank fees)
Purchasing Costs
Key Highlights
- Fully leased freehold investment underpinned by 2 established tenants
- Substantial corner landholding with triple street frontage
- Zoned: Principle Centre
- WALE: 3.7* years
- Land: 665m2*
- NLA: 1,079m2* split between two tenants
- Net Income: $277,282* pa
- Exposure to significant volumes of traffic
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