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824-828 Gympie Road, Chermside, QLD, 4032

Properties / Buy / Queensland / Chermside

Tenanted Investment

1. Property Summary

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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2. Property 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

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

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Selling Details

Auction In-Rooms 02 October 2024

2. Property 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

824-828 Gympie Road, Chermside, QLD, 4032 Chermside

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Raine & Horne - Commercial Brisbane North

337 Gympie Road, Kedron, 4031

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Trent Bruce

+61 *** *** *** show +61 423 591 528

David Miller

+61 *** *** *** show +61 423 591 111

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

824-828 Gympie Road, Chermside, QLD, 4032