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1417 Logan Road Mount Gravatt QLD 4122

  • Offices
  • 752 m²
  • Commercial Auction

Multi Tenanted Investment With Future Redevelopment Potential

* Current Net Income $208,994.92 per annum (exclusive of land tax)
* First time offered For Sale in 50 years
* Fully leased 11 tenancy mixed use two level building with 752sqm of GFA on 862sqm of land
* Secure cash flow with investment risk spread across manageable leases
* Proposed concepts have already been produced for potential redevelopment - architectural plans available upon request
* Landmark Logan Road position surrounded by major redevelopments including proposed medical centre on opposite corner and multiple mixed use developments in close proximity
* Area has seen remarkable development growth with Mt Gravatt Plaza now home to both Woolworths & Coles supermarkets plus the nearby Homemaker Centre, which are both popular destinations driving both vehicle and foot traffic through the area
* Car parking at the rear plus under cover parking
* Area offers excellent public transport facilities with bus stops nearby

AUCTION

Auction date and time12/06/2019 11:00
Auction locationRaine and Horne Commercial Office, 1652 Ipswich Road, Rocklea

Property Highlights

Property ID2015204982
Floor Area752 m²
Land Area862 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  11 Oct 2019
Map for 1417 Logan Road Mount Gravatt QLD 4122
Raine & Horne Commercial Brisbane Southside & Bayside
1652 Ipswich Road Rocklea QLD 4106

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