Properties / Buy / Queensland / Red Hill

99 Musgrave Road, Red Hill, QLD, 4059

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99 Musgrave Road, Red Hill, QLD, 4059

Two Buildings on Irreplaceable Inner City Corner Site
  • Over 180,000* cars passing weekly
  • Just 2km to Brisbane CBD
  • Investors and Owner Occupiers

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.

Approximate*

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

Property Summary

  • EOI
    Closing on Wednesday 14 July 2021 at 3pm, (AEST)
  • Floor Area
    982 m² (*approx)
  • Land Size
    1003 m² (*approx)
  • Type
    Offices, Retail, Child/Healthcare, Office Suites, Mixed Use, Consulting Rooms
  • Vacant Possession
    Two Buildings on Irreplaceable Inner City Corner Site

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Agency Contacts

Level 30, 111 Eagle Street | Brisbane, QLD 4000 | Australia
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