Property main details

Commercial

  • Sold
  • Offices

Specifications

  • Property Type
    Offices
  • Building
    309 m2

CBD Investment With 5 Year Net Lease

Ray White Commercial (QLD) are pleased to exclusively offer to the market, for sale by Expressions of Interest closing 1st May 2018 at 4pm, Level 5, Icon Place, 270 Adelaide Street, Brisbane City QLD.

Highlights include:
• 5 year net lease to 2022 + 5 year option to 2027
• A-grade 309sqm* fitted out office with 1 car park
• Tenant pays for all outgoings including management fees (excluding land tax)
• Tenant is an Australian supplier of military grade surveillance systems
• Strong income growth with fixed 3% annual increases
• Secure monthly income stream underpinned by a 3 month security bond
• Partial fit out included in sale
• Significant depreciation benefits
• Net income of $105,702* + GST pa

As the exclusive marketing agents, we look forward to assisting you with your enquiries.

For Property Enquiries:
Michael Feltoe
Ray White Commercial (QLD)
M 0447 714 899
E michael.feltoe@raywhite.com

For Funding Enquiries:
James Kelder
Green Finance Group
M 0432 393 608
E james@greenfinancegroup.com.au

*Approximately

Get in touch

We'd love to hear from you

If you're interested in looking at properties around the area, or want the latest information on the market in your neighbourhood, we'd love to hear from you. 

Level 5 'Icon Place', 270 Adelaide Street BRISBANE 4000, Queensland
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