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Sold on 13 Oct 2020

170-174 Musgrave Street Berserker QLD 4701

  • Offices
  • 585 m²
  • Sold

FULLY MULTI TENANTED INVESTMENT

    Available for sale now is this fantastic commercial investment opportunity. Located on the busy arterial road of Musgrave Street, the property is fully occupied with three tenants. The property has prominent signage opportunities due to the corner position. Both tenants have been at the property for a number of years and have agreed to take on their next options.

    1,911 sqm allotment over two separate lots
    Net return of $83,363
    Both IAssist and LJ & AP Chiro have already agreed to take on their next options until 2024
    The landlord agrees to rent the upstairs of 170 Musgrave from settlement for 3 years + options
    C.P.I annual increases
    31 car park spaces
    Fantastic corner position with two street access

    Property Highlights

    Property ID2016331534
    Date Sold13 Oct 2020
    Floor Area585 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Category
    Last updated  13 Oct 2020
    Map for 170-174 Musgrave Street Berserker QLD 4701
    Map for 170-174 Musgrave Street Berserker QLD 4701170-174 Musgrave Street Berserker QLD 4701
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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