Exclusive City Fringe Investment Leased to National Tenant | Circa 7% plus yield

Lot 5/5 Gardner Close, Milton QLD

Property Highlights

5 year lease to 2024
Attractive 3.5% annual increases
1st class offices with 10 car spaces
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Description

+ Position perfect in the highly desirable inner city business hub of Milton.
+ Top floor first class offices – 575 sqm plus an exclusive 336 sqm covered outdoor terrace.
+ Modern 3 storey building.
+ 10 on-title secured car spaces.
+ Milton: Only 2kms to Brisbane City G.P.O.
+ MEGT Australia Ltd – established 40 years employing more than 400 staff in over 60 locations around Australia.
+ Net Income $204,324 pa + GST (as at July 2021).

For Auction Wednesday 23 June 2021
River Room, Crown Casino, Melbourne
Bidding available via phone, online, and in person at Crown Casino Melbourne or at the Hilton Brisbane

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Office
Building Area
575 SQM

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