Level 2/ 35 Astor Terrace Spring Hill QLD 4000
- 1,028 m²
Medical Tenant Anchored Investment Backed by Company with $9bn Market Cap
- Brand new medical lease in place
- Strong growth - min 3.25% increases p.a.
- Walking distance to Central Station
Colliers is pleased to exclusively offer Level 2/ 35 Astor Terrace, Spring Hill for sale via Expressions of Interest closing Wednesday 10 November 2021, 4pm (AEST).
Key features of the property include:
- Multi-tenanted (3 tenants) anchored by new medical tenant ultimately backed by one of the largest audiology companies in the world
- One of the largest podium floor plates in Spring Hill
- Strong growth with minimum 3.25% increases p.a. across the 3 leases
- $467,677 net p.a.
- Staggered lease expiries providing de-risked cash flow
- Newly refurbished lobby and common areas
- Be a part of Brisbane's major growth decade with confirmation of the 2032 Olympics
For further information or to arrange an inspection please contact the exclusive marketing agents at Colliers.