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11012/88 Doggett Street, NEWSTEAD, QLD, 4006

2. Property Highlights

Prime Retail Investment. Government Tenant. 100% Leased
  • 100% Lease to State Government
  • Income Upside Potential.
  • Prime Ground Floor Retail.

* LJH Commercial are pleased to present ground floor 88 Doggett Street, Newstead to the market for immediate sale.

* Rarely offered premium ground floor property with expansive glass shop fronts and exposure to Doggett & Longlands Street.

* Situated in Newstead Towers complex, directly opposite Gasworks Food & Dining Precinct.

* 175 sqm Leased to the State Government of Queensland until 30/04/2025 and 2 x 3 year options.

* Fully fitted and furnished internally by existing lessee.

* Gross Income: $106,090 per annum + GST.

* Outgoings: $9467 per annum (Rates, Water, Body Corporate).

* Net Income: $99,533 Plus GST approx.

* Opportunity to add additional income from vacant areas.

* 28 sqm Storage (not in lease area).

* 4 onsite basement car spaces exclusive. 3 under Government Lease. 1 Vacant (not in lease area)

* Additional visitor car parking onsite.

* The owners have provided clear instructions to sell the property.

* All serious offers to purchase to be submitted in writing to mnicolas@ljhc.com.au Contact Exclusive Agent Manoli Nicolas on 0400 082 170 for further details today.

PRICE: Contact Agent

BUILDING AREA: 203 sqm

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

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3. Property Location

11012/88 Doggett Street, NEWSTEAD, QLD, 4006

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4. Due Diligence

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11012/88 Doggett Street, NEWSTEAD, QLD, 4006 Newstead
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