Level 2, 35 Astor Terrace, SPRING HILL QLD 4000
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- 18 Nov 2016
REFURBISHED LEASED INVESTMENT
Knight Frank has the exclusive pleasure in offering to the market a centrally located and high quality office strata for sale in the heart of Spring Hill.
Spring Hill is serviced by extensive amenity with public transport links and arterial road accessibility. Earmarked by the Brisbane City Council as an integral part of inner city Brisbane, there is an exclusive renewal strategy currently being drafted to focus growth and development.
This outstanding opportunity consists is the whole of level 2 of 35 Astor Tce and has the following key attributes:
• 75% leased to one major tenant on a new 5 year lease from 1 September 2015
• Strong Weighted Average Lease Expiry of 3.77 years.
• Net Passing Income effective from 1st September 2015 of $83,839 with 25% vacancy
• Potential net income of circa $142,000p.a.
• 1,034sqm of nla with 9 carparks
Please contact the exclusive marketing agents for further information or to arrange an inspection.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
Level 2, 35 Astor Terrace SPRING HILL