High Yielding 6.7%, Government Tenanted Property

31 logan river road, beenleigh qld

Price on Request

  • Renewed 4 year lease to 2022
  • Queensland Government Security
  • Net Income: $177,688 pa + GST

Property Details

Renewed 4 year lease to 2022 plus options to 2030
Busy Department of Transport and Main Roads customer service centre
Occupied by tenant since 2008
Essential government facility servicing the Logan City region
Fixed 3% annual rent increases providing guaranteed rental growth
Net Income increases to estimated $197,270 upon lease expiry 2022
Significant 3,647 sqm site with 41 car spaces on title and 65 metre frontage to Logan River Road – 31,000 vehicles passing daily
Well maintained 788 sqm building comprising customer service area, office space and dedicated driving test centre
Strategic location close to McDonald’s, Dan Murphy’s, Coles Express etc, plus easy access to M1 Pacific Motorway connecting Brisbane & Gold Coast
Beenleigh: high growth suburb 36 km south of Brisbane CBD
Net Income: $177,688 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 788 sqm
Land Size 3,647 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: QLD000554

Thank you for showing interest in us.

Contact Details

Office Details

Level 24, 324 Queen Street, Brisbane QLD 4001

T 07 3220 3611 E brisbane@burgessrawson.com.au

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