Rare Multi-tenanted Investment
1208 Sandgate Road , Nundah QLD
Property Highlights
Description
+ Diversified Multi-Tenanted Investment 100% Leased with 8 Long Term Tenants
+ Majority of leases are on a 5 year term
+ Minimum 2% fixed annual rental increases, assuring growth
+ Iconic building in the heart of Nundah Village – a vibrant retail and dining hub 8km from the Brisbane CBD
+ Prime freestanding 1,639sqm corner site with triple street access
+ Complementary tenancy mix – restaurant, hairdresser, beauty therapist, café and office space
+ Rare off street car parking with a total of 16 spaces
+ Modern build with potential depreciation benefits
+ Nundah – Inner suburb in Northern Brisbane, with easy access to the M1 Gateway Motorway and intersected by the Sandgate Road major arterial
+ Net income: $349,165 pa + GST
For Sale by Investment Portfolio Auction
11am (Brisbane Time) Wednesday 10 November 2021
Property Details