Blue Chip State Government lease
5-9 Juers Street, Kingston QLD
Property Highlights
Purpose built for State Govt. in 2007
Renewed 5 yr lease plus option to 2026
High profile 3,896sqm site
Description
+ Renewed 5 year lease to the State Government of Queensland plus options to 2028
+ Modern high quality tilt panel constructed building
+ Purpose built for Department of Child Safety in 2007
+ Tenant in occupation 14 years
+ Fixed annual 2.5% rent increases
+ Substantial 3,896 sqm site
+ Net lettable area: 906sqm
+ 47 car spaces -18 secured under building plus 29 spaces at the rear
+ Adjoins 7-Eleven and Zambrero drive-thru restaurant
+ 600* metres to Kingston Railway Station
+ Kingston: central suburb only 28kms south of the Brisbane CBD
+ Net Income: $329,162 pa + GST (Jan 2022)
For Sale by Offers to Purchase
Closing 4pm AEST, Wednesday 17th November 2021
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Government
Land Size
3,896 SQM
Building Area
906 SQM