This Top Floor tenanted office located at 67 St Pauls Terrace, Spring Hill is a unique opportunity for an astute investor. Located in a newly refurbished property in Spring Hill, the tenancy is central to the medical specialist district. Under a new 3 year lease the tenancy is occupied by Compare Club, a strong growing business providing insurance, health and mortgage services.
+ 607sqm tenancy + 6sqm of storage space on Level 1
+ Currently leased for $256,384 + GST net rent per annum
+ Outgoings $59,686/year approx.
+ Lease expiry 11 February 2025
+ 9 car parks, 3 x leased to the current tenants at $285/bay/month
+ 6 additional carparks for potential additional income
+ The building has undergone a complete refurbishment program over its 7 commercial floors. Each level has new bathroom facilities, flooring, ceilings and LED lighting.
+ Secure swipe card security system and CCTV located throughout the building and car park.
Located in Spring Hill, 67 St Pauls Terrace, it is within proximity to an array of retail, dining and public transport amenities, such as Spring Hill Woolworths, Fortitude Valley and Central Stations (11 minute walk*). The building is also located within close walking distance to landmarks such as The Johnston Hotel, St Andrew's Hospital and numerous private and public, primary and secondary colleges.
For more information or to arrange an inspection, contact Exclusive Agents Your Commercial.
