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Level 2/ 35 Astor Terrace
Spring Hill QLD 4000
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Sold on 6 Apr 2022

Level 2/ 35 Astor Terrace Spring Hill QLD 4000

  • Offices
  • 1,028 m²
  • Sold

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.

*Approximately

Property Highlights

Date Sold6 Apr 2022
Floor Area1,028 m²
Land AreaAsk Agent
EnergyAsk Agent
Parking9 x Onsite parkings
Property ID2017353833
Category
Last updated  6 Apr 2022
Map for Level 2/ 35 Astor Terrace Spring Hill QLD 4000

Property Highlights

Date Sold6 Apr 2022
Floor Area1,028 m²
Land AreaAsk Agent
EnergyAsk Agent
Parking9 x Onsite parkings
Property ID2017353833
Category
Last updated  6 Apr 2022
Level 30 111 Eagle Street Brisbane City QLD 4000

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