Colliers is pleased to present two fully leased commercial building in the heart of Logan City to the market for sale via an Expression of Interest process. 7 and 9 Station Road in Logan Central are available to be bought individually or together.
Located opposite from the Woodridge train station 7 and 9 Station Road will be attractive to investors looking for land rich properties with solid holding income and a strong redevelopment future.
Logan Central is located 25km south of the Brisbane CBD and 1km from Logan City Council's offices. The Logan Central precinct contains most of the leading training, employment and social support enterprises. The clustering of these groups around the Woodridge train station ensures high occupancy levels as it is often the case that should one enterprise not secure a renewal of their contract, the new incumbent will likely reoccupy the vacated space.
7 Station Road key features:
- Leased to two established Government funded training organisations
- 572m²* commercial ground floor space with a modern fit-out in place
- 1,298m²* freehold corner position land parcel
- $238,400* net annual income
- At Market rents in popular precinct
- Centre zoned land parcel with significant upside
- 14 car parks
- Full Accessibility compliance
9 Station Road key features:
- Leased to three established Government funded social services tenants
- 634m²* commercial ground floor space with a modern fit-out in place.
- 1,235m²* freehold land parcel adjoining 7 Station Rd
- $246,650* net annual income
- At Market rents in popular precinct
- Centre zoned land parcel with significant upside
- 13 car parks
- Full Accessibility compliance
The period for Expressions of Interest closes at 4pm on Wednesday 12 June 2024. For more information or to arrange an inspection, please contact the Exclusive Colliers Agents today.
*approximate
