Modern A-Grade Office – Circa 10% Yield Anticipated
58 Manila Street , Beenleigh QLD
Property Highlights
Leased to Logan City Council
3 years + options to 2022
Net Income: $165,600 pa + GST
Description
Leased to Logan City Council – 3 years + options to 2022
Tenant pays all outgoings excluding land tax as per lease
Minutes from the Pacific Highway
Modern strata titled office with 434 sqm NLA
14 exclusive use car parks attached to title
Existing tenant has been in occupation since 2013
Located in Corridor Business Centre, within Beenleigh CBD
CPI annual increases
Beenleigh: high growth suburb, 36 km’s south of Brisbane
Net Income: $165,600 pa + GST
Auction 11am AEDT Wednesday 27 February 2019
River Room, Crown Casino, Melbourne
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Government
Building Area
434 SQM