9/2994 Logan Road, UNDERWOOD QLD 4119
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- 29 Aug 2016
8% NET RETURN – TENANTED INVESTMENT
- Modern design and construction
- Includes 4 car parks
- Net income received including management fees: $73,905.06
- Lessee: Event Zero Pty Ltd
- Term of lease 3 years expiring 5th of October 2018 with 3 year option.
- All outgoings paid by the tenant
- 4% fixed increase per annum
- Location, Location, Location
This is a great opportunity for the investor wanting to secure a solid return, with a great tenant in place.
Event Zero is a leading analytics and reporting software company formed in 2005 that has years of solid research and development work behind them.
Event Zero has received numerous industry awards and has recently been selected as one of only three Microsoft partners to offer IT pro tools for Skype for business customers, which really speaks to the quality software the company is providing. Event Zero is a solid company that has plans to expand its business.
Price: $923,813 per annum
Yield: 8% NET
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
9/2994 Logan Road UNDERWOOD