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48 Herbert Street
Ingham QLD 4850
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Sold on 25 Sep 2017

48 Herbert Street Ingham QLD 4850

  • Offices
  • 2,023 m²
  • Sold

Commercial Investment at 9.875% net return

This ​functional ​purpose built office facility is currently leased to the Commonwealth of Australia with Centrelink & Medicare occupying through to Nov 2021 with options through to 2027. The building features 660m2 of fully air conditioned office space, including a number of partitioned offices, open plan work areas, staff rooms, disabled & shower amenities and external break out area. The office is disabled compliant with electric glass sliding doors and complies with the​ tenants`​ stringent security requirements such as swipe card readers. The​re is a sealed car park at​ the rear of the property​ for 23 cars secured​ ​by ​electric gates a​long with​ 2​ ​x undercover parks​ secured by an​ electric roller door​ with a driveway along the side of the building providing access to both facilities.​ The property has been meticulously maintained and presents in excellent condition.

Land Area: 2,023m2
Building Area: 660m2
Leased till Nov 2021 with options through to 2027
Leased to Centrelink & Medicare
Currently Returning: $316,276* pa net plus GST
Sale Price: $3.2M (Going Concern) 9.875% net return

For further information please contact Ray White Commercial for a detailed Information Memorandum.
John Dwyer 0439 034 010
Adrian Pascoe 0417 622 240
Graeme Russell 0448 410 067

* approx

Ray White Commercial Townsville
Ray White Commercial Townsville
Level 1/51 Sturt St
Townsville City, QLD 4810

Property Highlights

Date Sold25 Sep 2017
Floor AreaAsk Agent
Land Area2,023 m²
ParkingAsk Agent
Property ID2013595377
Category
Last updated  1 Nov 2017
Map for 48 Herbert Street Ingham QLD 4850
Ray White Commercial Townsville
Ray White Commercial Townsville
Level 1/51 Sturt St
Townsville City, QLD 4810

Property Highlights

Date Sold25 Sep 2017
Floor AreaAsk Agent
Land Area2,023 m²
ParkingAsk Agent
Property ID2013595377
Category
Last updated  1 Nov 2017

Co-Agents

Adrian Pascoe
Adrian Pascoe
Ray White Commercial Townsville
Call
0417 622 240
Graeme Russell
Graeme Russell
Ray White Commercial Townsville
Call
0448 410 067

More about 48 Herbert Street Ingham QLD 4850

48 Herbert Street Ingham QLD 4850 is categorized as Office. The listing ID for this property is 2013595377.

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