Bulimba ASX Tenanted Investment

Ground floor 116sqm* retail / office space with exposure and signage opportunities to busy Hawthorne Road.
– Fresh 3+3 year lease to ASX listed Velocity Property Group upon settlement for $92,000*p.a + Outgoings + GST.
– Completed March 2016.
– Walking distance to the popular and vibrant Oxford Street Retail Precinct.
– Easy access to Brisbane CBD, Gateway Motorway, Lytton Road and Brisbane Airport.

 

Sales Analysis
Sale Price:$1,265,000
Sale Date:December 2017
Building Area:116m2*
Parking Bays:2
Net Income:$92,000 p.a.
Yield:7.3%
Sales Process:Sold off Market to a private investor