2 Medical & Consulting Properties For Sale in Hendra, QLD 4011

HIGH PROFILE BUILDING IN AIRPORT & TRADECOAST AREA

CBRE has the exclusive privilege of offering a leasehold interest in 5 Grevillea Place, Brisbane Airport for sale.
The asset represents an opportunity to secure a high quality foothold in one of the country’s best performing office precincts.

- Total building NLA 1,478sqm* with 47 car spaces
- Potential fully leased net income $251,026 p.a*
- 66% leased with a two (2) year rental guarantee over the balance vacancy
- Situated in the ‘Brisbane Airport’ precinct which has a vacancy rate of 0.9% (the 6th lowest of the 85 precincts surveyed by the PCA)
- Brisbane Airport’s $1.3 billion se...

TRIPLE NET LEASE 13.5 YEARS REMAINING

The property is improved with two freestanding buildings. The main building situated at the front of the site is a two level fully refurbished 122 place child care facility. The rear building is fit for quality medical users and currently houses Physio Works. Car parking is also provided for 14 vehicles within the complex.

Net Passing Income: $522,500 p.a.* Triple net lease structure

Zoning: Neighbourhood Centre Zone (MU)

For Sale via Private Treaty | closing 4:00pm 18 December, 2017


*Approximately