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Sold on 19 Apr 2021

71-77 Patrick Street Aitkenvale QLD 4814

  • Offices
  • 1,345 m²
  • Sold

New Long Term Tenanted Investment to State of Queensland - Asking $3.45M

    Ray White Commercial Townsville are excited to offer this premium office facility currently leased to the State of Queensland (Department of Child Safety, Youth & Women).

    The freehold property has been home to this department since 2006, being purpose built for their requirements. The property has undergone a refurbishment of approx $80,000 spent in late 2020 by the owner and presents in excellent condition.

    This tenanted investment is being offered to the market with a brand new 4 year lease with (2x) 2 year options commencing January 2021.

    The complex features a premium office fit out with security token access throughout with a designed layout to suit the Department of Child Safety. There is 13 external parking (including disability access) along with a secure fully enclosed 18 undercover car parks and storage areas. Access to the office is via a security token through the secure car park. The office area is approx 900m2 of NLA and has multiple meeting rooms and large conference room, all with back of house access. The reception has security glass with access to the open plan office is via a secure token operated door.

    Key Features:
    Building area: 1,345m2* approx
    Office area: 900m2*
    Secure parking area: 445m2* for 18 undercover & 13 external
    Reception with 6 meeting rooms and conference room
    Large open plan work space with various managers offices
    Disability compliant, large kitchen and breakout areas
    Leased to the State of Queensland (Department of Child Safety, Youth & Women)
    Rental: $252,683.02 pa net plus GST*
    Term 4 years commencing January 2021
    Options: (2x) 2 years
    Spent over $80,000* on upgrades to facility in 2020

    Ray White Commercial will be offering this premium property to the market via formal offers to purchase.

    Contact Adrian Pascoe or Graeme Russell for a detailed Information Memorandum.
    *approx

    Adrian Pascoe
    Ray White Commercial Townsville
    Adrian Pascoe
    Ray White Commercial Townsville
    Graeme Russell
    Ray White Commercial Townsville
    Graeme Russell
    Ray White Commercial Townsville

    Property Highlights

    Property ID2016734357
    Date Sold19 Apr 2021
    Floor Area1,345 m²
    Land Area2,024 m²
    Energy0-star NABERS Energy rating
    Parking31 x Onsite parkings
    Category
    Last updated  19 Apr 2021
    Map for 71-77 Patrick Street Aitkenvale QLD 4814
    Map for 71-77 Patrick Street Aitkenvale QLD 481471-77 Patrick Street Aitkenvale QLD 4814
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Adrian Pascoe
    Ray White Commercial Townsville
    Adrian Pascoe
    Ray White Commercial Townsville
    Graeme Russell
    Ray White Commercial Townsville
    Graeme Russell
    Ray White Commercial Townsville

    Property Highlights

    Property ID2016734357
    Date Sold19 Apr 2021
    Floor Area1,345 m²
    Land Area2,024 m²
    Energy0-star NABERS Energy rating
    Parking31 x Onsite parkings
    Category
    Last updated  19 Apr 2021
    Ray White Commercial Townsville
    Level 1, 41 Sturt Street Townsville City QLD 4810
    Adrian Pascoe
    Ray White Commercial Townsville
    Adrian Pascoe
    Ray White Commercial Townsville
    Graeme Russell
    Ray White Commercial Townsville
    Graeme Russell
    Ray White Commercial Townsville

    Ask Adrian Pascoe about this property

    Adrian Pascoe

    Adrian Pascoe

    Ray White Commercial Townsville

    Graeme Russell

    Graeme Russell

    Ray White Commercial Townsville

    0417 *** ***
    0417 622 240

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