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48 GLADSTONE ROAD
Allenstown QLD 4700
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Sold on 9 Oct 2018

48 GLADSTONE ROAD Allenstown QLD 4700

  • Offices
  • 300 m²
  • Sold, $450,000

MODERN COMMERCIAL BUILDING WITH HIGHWAY FRONTAGE AND HIGH PROFILE TENANTS TFL FRANCHISING (FAST LANE COFFEE) AND ANZ (ATM).

Enjoy the security of high profile tenants such as the ANZ Bank ( ATM Only) plus the high profile position of Bruce Highway Frontage.
This modern brick well air-conditioned building has a floor area of approximately 300m2 plus abundant off street car-parking.
Lease 1 - TFL Franchising (Fast Lane Coffee) 5 year lease commencing 1/6/2017 plus 2 x 5 year option periods.
182m2 at the front of the building
Rental 1/6/2017 $28,000 pa + GST
Rental increasing to $28.840 + GST on 1/6/2018.
Rental increasing to $38,000 + GST on 1/6/2019
Rental increasing to $39,140 + GST on 1/6/2020.
Rental increasing to $40,140 + GST on 1/6/2021.
Lease 2 - ANZ Bank - Lease a 15m2 area for an ATM and pay $7,800 per annum plus GST
Lease 3 - Vacant lease area of approx 103m2
BODY CORPORATE - Admin Fund Body Corporate fees are $2475 per quarter payable on the 1st day of each June, Sept,Jan and March.
Sinking Fund contributions at $450 per annum payable on the 1st day of each June.

Rockhampton Regional Rates are net after discount $2331.60 each half year.

Property Highlights

Date Sold9 Oct 2018
Sold Price$450,000
Floor AreaAsk Agent
Land Area300 m²
ParkingAsk Agent
Property ID2013296384
Category
Last updated  29 Oct 2018
Map for 48 GLADSTONE ROAD Allenstown QLD 4700

Property Highlights

Date Sold9 Oct 2018
Sold Price$450,000
Floor AreaAsk Agent
Land Area300 m²
ParkingAsk Agent
Property ID2013296384
Category
Last updated  29 Oct 2018
Cnr Archer And Denison Streets Rockhampton City QLD 4700

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