61 Southgate Avenue, CANNON HILL QLD 4170
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- 12 Sep 2016
Modern Freestanding Office
On behalf of the vendor, Colliers International and JLL are pleased to offer this prime, freestanding office/ warehouse for sale by expression of interest. 61 Southgate Avenue is located just 6.2km* from the Brisbane CBD, situated in the prestigious Southgate Corporate Park. The complex is positioned in close proximity to the Australia Trade Coast precinct and the Gateway Motorway. It currently lists National Australia Bank, Isuzu, Optus, 4BC and Endeavour Foundation as tenants, and offers rental income provided by New Balance and Freelife tenancies, who occupy 33% of the available space.
61 Southgate Ave is a modern, commercial building on a prominent freehold lot. The property provides a high degree of flexibility for its occupation, offering a range of opportunities for owner occupiers and investors. With remarkable street presence, this asset is ideal for professional, innovative businesses seeking a unique identity in the Brisbane commercial landscape.
Southgate Corporate Park offers a suite of easily-accessible facilities, available for employee use. The complex neighbours a childcare centre, as well as local dining and shopping precincts. In addition, the Cannon Hill Train Station is a short 500m walk away, fostering convenient access to the CBD, major transport routes and other commercial areas of Brisbane.
• Modern high specification/ low maintenance freehold office building
• 1,057m²* net lettable space
• 1,126 m²* commercial land holding
• 18 car spaces within the property
• Ground floor suitable for partial warehousing or office
• Rental income from New Balance and Freelife (occupying 33% of the space)
• Suited to an owner occupier or counter cyclically minded investor
• Opportunity to buy below replacement value
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
61 Southgate Avenue CANNON HILL