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Sold on 18 Jun 2020

159 Morayfield Road Morayfield QLD 4506

  • Offices
  • 352 m²
  • Sold

High Profile Freehold Investment Leased to Westpac Bank

    Ray White Commercial Northern Corridor Group are pleased to offer 159 Morayfield Road, Morayfield for sale

    Westpac Bank have occupied this freehold landmark on one of the most sought after retail strips in South East Queensland for the last 20 years. With assured income via a renewed 5 year lease and a local population exploding, you can buy with the confidence that can only come from combining a premium tenant with an irreplaceable location.

    Key features:

    - Freehold 1,082m2 lot with 352m2* building
    - $170,000* net per annum
    - New 5 year lease with options to 2031
    - Fixed 3% reviews
    - Drive through ATM plus 16 on site car parks
    - Adjoins Morayfield Shopping Centre (6.2 million annual visitors)
    - ASX listed "Big 4" Bank Tenant

    Please contact exclusive marketing agent Chris Massie for additional information or to arrange an inspection.

    *approximate

    Chris Massie
    Ray White Commercial Northern Corridor Group - Mooloolaba & Morayfield
    Chris Massie
    Ray White Commercial Northern Corridor Group - Mooloolaba & Morayfield

    Property Highlights

    Property ID2016105659
    Date Sold18 Jun 2020
    Floor Area352 m²
    Land Area1,082 m²
    Energy0-star NABERS Energy rating
    Parking16 x Onsite parkings
    Category
    Last updated  18 Jun 2020
    Map for 159 Morayfield Road Morayfield QLD 4506
    Map for 159 Morayfield Road Morayfield QLD 4506159 Morayfield Road Morayfield QLD 4506
    Chris Massie
    Ray White Commercial Northern Corridor Group - Mooloolaba & Morayfield
    Chris Massie
    Ray White Commercial Northern Corridor Group - Mooloolaba & Morayfield

    Property Highlights

    Property ID2016105659
    Date Sold18 Jun 2020
    Floor Area352 m²
    Land Area1,082 m²
    Energy0-star NABERS Energy rating
    Parking16 x Onsite parkings
    Category
    Last updated  18 Jun 2020
    Ray White Commercial Northern Corridor Group - Mooloolaba & Morayfield
    Level 1/172 Brisbane Rd Mooloolaba QLD 4557
    Chris Massie
    Ray White Commercial Northern Corridor Group - Mooloolaba & Morayfield
    Chris Massie
    Ray White Commercial Northern Corridor Group - Mooloolaba & Morayfield
    Chris Massie

    Chris Massie

    Ray White Commercial Northern Corridor Group - Mooloolaba & Morayfield

    0412 *** ***
    0412 490 840

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