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64 Commercial Road, Newstead QLD 4006
Investment Potential
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Property Highlights

FULLY LEASED TROPHY INVESTMENT IN NEWSTEAD!
  • High-profile Commercial Road corner
  • $689,040.65 Net P.A. + GST
  • Circa 4.25 year WALE

Elders Commercial Brisbane are pleased to present to the market for sale via Expressions of Interest this landmark fully-leased mixed-use building located at 64 Commercial Road, Newstead.

This freestanding, three (3) level commercial opportunity combines old world charm with new modern architectural features including exposed brick work, intricate ceilings along with the impressive recent fit out providing modern, desirable and functional spaces.

Key features of the property include:

- 1,678m2 NLA* three (3) level commercial holding
- 956m2 land parcel - MU1 Mixed Use - development upside
- Fully leased returning $689,040.65* Net P.A. + Outgoings + GST
- Diverse mix of six (6) professional, retail & creative tenants
- Sixteen (16) secure on-site car parks
- High-profile Commercial Road corner site with signage potential
- Stone’s throw to Gasworks & James Street precincts

Expressions of Interest close 4pm, 22nd June 2022.

Easily one of Brisbane’s best character buildings with solid underlying investment fundamentals. For more information or to arrange an inspection, contact your exclusive Elders Commercial Agents today!

*Approximately

Remember to mention you found this property on CommercialReady.com.au

Due Diligence Tool

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