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SOLD

Lot 3105-3108, 2994 Logan Road, Underwood, QLD, 4119

Properties / Sold / Queensland / Underwood

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

Expressions of Interest closing Wednesday7 August at 4pm

Floor Area

699 m² (*approx)

Property Type

Offices

Terms

Long term 20 year lease till November 2029 plus options to 2034

Est. Income

$279,600 p/a

Fully Leased

Uniting Care Community

Car Spaces

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2. Property Highlights

National Tenant, Fully Leased Suburban Investment

20 year lease to 2029
Secure national tenant
CPI or fixed 4% increases

Knight Frank Australia is pleased to present this fully leased investment located at Lots 3105 - 3108 / 2994 Logan Road, Underwood QLD.

Investment highlights include;

- Long term 20 year lease till November 2029 plus options to 2034

- Modern commercial office accommodation totaling 699 sqm* of NLA with 3.6 metre* ceilings and great natural light

- Strong covenant and lease to Uniting Care Community (lease held by Uniting Church of Australia); plus cash bond as additional rental security

- Estimated net rent: $279,600 per annum*

- Tenant pays all outgoings including land tax and property management fees

- Excellent car parking including 15 secure basement car parks

Lots 3105 - 3108 / 2994 Logan Road, Underwood QLD is For Sale via Expressions of Interest closing Wednesday, 7th of August 2024 at 4:00pm (AEST).

For further information, please contact the exclusive Knight Frank agents below.

Remember to mention you found this property on CommercialReady

Tenanted Investment

1. Property Summary

Property Type

Offices

Est. Income

$279,600 p/a

Tenant

Uniting Care Community

Terms

Long term 20 year lease till November 2029 plus options to 2034

Floor Area

699 m² (*approx)

Car Spaces

Selling Method

EOI

EOI Closing Date

7 Aug 2024 04:00PM

Add to calendar

Selling Details

Expressions of Interest closing Wednesday7 August at 4pm

2. Property Highlights

National Tenant, Fully Leased Suburban Investment

20 year lease to 2029
Secure national tenant
CPI or fixed 4% increases

Knight Frank Australia is pleased to present this fully leased investment located at Lots 3105 - 3108 / 2994 Logan Road, Underwood QLD.

Investment highlights include;

- Long term 20 year lease till November 2029 plus options to 2034

- Modern commercial office accommodation totaling 699 sqm* of NLA with 3.6 metre* ceilings and great natural light

- Strong covenant and lease to Uniting Care Community (lease held by Uniting Church of Australia); plus cash bond as additional rental security

- Estimated net rent: $279,600 per annum*

- Tenant pays all outgoings including land tax and property management fees

- Excellent car parking including 15 secure basement car parks

Lots 3105 - 3108 / 2994 Logan Road, Underwood QLD is For Sale via Expressions of Interest closing Wednesday, 7th of August 2024 at 4:00pm (AEST).

For further information, please contact the exclusive Knight Frank agents below.

Remember to mention you found this property on CommercialReady

Lot 3105-3108, 2994 Logan Road, Underwood, QLD, 4119 Underwood

Knight Frank - Brisbane

Level 3, 12 Creek Street Brisbane City Qld 4000

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Jacob Heinke

+61 *** *** *** show +61 408 487 165

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

Lot 3105-3108, 2994 Logan Road, Underwood, QLD, 4119