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20-22 Herbert Street, GLADSTONE CENTRAL, QLD, 4680

+12 Photos

+14 Photos

SOLD

20-22 Herbert Street, GLADSTONE CENTRAL, QLD, 4680

Properties / Sold / Queensland / Gladstone Central

Tenanted Investment

1. Property Summary

Selling Method

Expression of Interest

Selling Details

Expressions of Interest Closing 18 May 2022

Land Area

2,026 m² (*approx)

Floor Area

1674 m² (*approx)

Property Type

Offices, Retail

Sub-type

Office Suites, Mixed Use

Est. Income

$670,000 p/a

Fully Leased

QLD State Government

Car Spaces

Show All

2. Property Highlights

New 7 Year Lease to QLD Government

Ray White Commercial QLD and Ray White Gladstone, as exclusive agents, are pleased to offer for sale by way of Expressions of Interest, 20-22 Herbert Street, Gladstone.

As one of the newest office buildings in Gladstone, the offering comprises:

• Purpose built multi-storey building constructed in 2013

• 2,026 m2* site with 1,674 m2* building area

• 5 STAR NABERS rating

• 47 exclusive car parks

• Income profile underpinned by a long lease to QLD State Government

• Estimated net return $670,000* pa

• Located opposite Woolworths' anchored Gladstone Square

• Gladstone - hub for Queensland's energy and heavy industry & Queensland's largest multi-commodity port

The property is well positioned to directly benefit from a growing regional Queensland economy buoyed by increased confidence in the mining and agricultural sectors with the region generating $15.3 billion in economic output^.

Do not miss the opportunity to own this significant investment.

Expressions of Interest closing Wednesday 18 May 2022, 4pm (AEST).

*approximately

^remplan.com.au

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