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824-828 Gympie Road, Chermside, QLD, 4032

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824-828 Gympie Road, Chermside, QLD, 4032

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824-828 Gympie Road, Chermside, QLD, 4032

Chermside

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824-828 Gympie Road, Chermside, QLD, 4032

824-828 Gympie Road, Chermside, QLD, 4032

Properties / Sold / Queensland / Chermside
Tenanted Investment
Selling Method
Auction
Selling Details
Auction In-Rooms 02 October 2024
Land Area
465 m² (*approx)
Floor Area
375 m² (*approx)
Property Type
Offices, Retail
Terms
20 year lease to 2039
Est. Income
$192,902 p/a
Fully Leased
Multi-tenanted
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LANDMARK CORNER INVESTMENT - CHERMSIDE CBD!
  • MULTI-TENANTED TO LONG-TERM TENANTS
  • FIRST TIME OFFERED FOR SALE IN 70 YEARS
  • INCLUDES BILLBOARD LEASE UNTIL 2039

• Fully leased currently returning $195,902 pa net + o/g + GST

• Multi-tenanted to a healthy mix of long term tenants

• 375sqm Building on a prime 465sqm corner site

• Anchored by Billboard with 20 year lease to 2039

• Premium corner opposite Westfield Chermside

• Future rental growth via annual increases + reviews to market

• Low maintenance & hassle free investment

• Retiring Vendors - 1st time offered for sale in 70 years

For further information or to arrange an inspection, please contact EXCLUSIVE AGENTS Raine and Horne Commercial.

Auction In-Rooms (if not sold prior) Wednesday 2 October 2024 at 11am at Raine & Horne Commercial - 337 Gympie Road, Kedron

Listing ID 1118760

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

824-828 Gympie Road Investment Summary

Property Type
Offices, Retail
Est. Income
$192,902 p/a
Tenant
Multi-tenanted
Terms
20 year lease to 2039
Land Area
465 m² (*approx)
Floor Area
375 m² (*approx)
Selling Method
Auction
Auction Date
2 Oct 2024 11:00AM
Selling Details
Auction In-Rooms 02 October 2024

Investment Highlights

LANDMARK CORNER INVESTMENT - CHERMSIDE CBD!
  • MULTI-TENANTED TO LONG-TERM TENANTS
  • FIRST TIME OFFERED FOR SALE IN 70 YEARS
  • INCLUDES BILLBOARD LEASE UNTIL 2039

• Fully leased currently returning $195,902 pa net + o/g + GST

• Multi-tenanted to a healthy mix of long term tenants

• 375sqm Building on a prime 465sqm corner site

• Anchored by Billboard with 20 year lease to 2039

• Premium corner opposite Westfield Chermside

• Future rental growth via annual increases + reviews to market

• Low maintenance & hassle free investment

• Retiring Vendors - 1st time offered for sale in 70 years

For further information or to arrange an inspection, please contact EXCLUSIVE AGENTS Raine and Horne Commercial.

Auction In-Rooms (if not sold prior) Wednesday 2 October 2024 at 11am at Raine & Horne Commercial - 337 Gympie Road, Kedron

Listing ID 1118760

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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824-828 Gympie Road, Chermside, QLD, 4032

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