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24-28 Tweed Office Park, Corporation Circuit
Tweed Heads South NSW 2486
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Sold on 15 Dec 2017

24-28 Tweed Office Park, Corporation Circuit Tweed Heads South NSW 2486

  • Offices
  • 3,276 m²
  • Sold

MULTI TENANTED COMMERCIAL INVESTMENT - 8% NET

This freehold commercial property is underpinned by thirteen (14) commercial tenancies, with a net return of $480,000 p.a.

This quality investment has a diverse mix of government funded, national, medical and professional office businesses.

The property consists of two (2) modern, two (2) level freestanding buildings comprising of twenty (20) office suites in total.

INVESTMENT DETAIL:
- Net income $480,000
- Current occupancy 100%
- Long leases
- Annual rent reviews

FEATURES:
- Landmark commercial building
- Site area 3276sqm
- Net lettable area 2064sqm
- Multiple income streams with well weighted lease expiry's
- Low maintenance modern freehold building
- 52 onsite car parking spaces
- Onsite management.
- Excellent depreciation allowances.

LOCATION:
- Prominent corner position in Corporation Circuit, Tweed Heads South.
- 2 Minutes from M1 entrance and exit.
- 5 Minutes from Gold Coast International Airport.

FOR SALE:
By Negotiation

CONTACT:
Exclusive selling agents Towers Francis Property for full information memorandum and to arrange inspection

Property Highlights

Date Sold15 Dec 2017
Floor AreaAsk Agent
Land Area3,276 m²
ParkingAsk Agent
Property ID2013709342
Category
Last updated  15 Jan 2018
Map for 24-28 Tweed Office Park, Corporation Circuit Tweed Heads South NSW 2486

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Property Highlights

Date Sold15 Dec 2017
Floor AreaAsk Agent
Land Area3,276 m²
ParkingAsk Agent
Property ID2013709342
Category
Last updated  15 Jan 2018
Suite 2b Tweed Office Park 24-28 Corporation Circuit Tweed Heads South NSW 2486

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