Colliers is pleased to offer a fantastic multi-tenanted investment opportunity across two free-standing buildings on a prominent corner inner-city position located just 2kms* from Brisbane CBD. The property provides strong passing income from Building A with the opportunity to owner occupy Building B. The asset is further benefited from a commercial billboard providing a strong long-term income stream . We are offering 99 Musgrave Road, Red Hill for sale via National Expressions of Interest closing on Wednesday 14 July 2021 at 3pm, (AEST).
Highlights of the opportunity:
- Two high quality commercial buildings
- Building A is fully leased returning $289,477 p/a with 5.42 year WALE
- Building is B can be sold with vacant possession (owner occupiers) or with short and long term leaseback options
- Building A - 438sqm (fully leased)
- Building B - 544sqm (vacant or leaseback)
- 1,003sqm corner site with key north-west corridor
- 20 onsite car parks
Please contact the exclusive agents below for a copy of the Information Memorandum or to arrange an inspection.
Remember to mention you found this property on CommercialReady.com.au
Closing on Wednesday 14 July 2021 at 3pm, (AEST)
982 m² (*approx)
1003 m² (*approx)
Offices, Retail, Child/Healthcare, Office Suites, Mixed Use, Consulting Rooms, Office Suites, Mixed Use, Consulting Rooms
Two Buildings on Irreplaceable Inner City Corner Site