Lot 101/10 Stratton Street Newstead QLD 4006

Ground floor, inner city, strata titled retail/commercial tenancy for sale by Auction.

The property is fully leased until 31st August, 2025 with a further option of 6 years. The rental income is currently $66,950 per annum and each year the income increases by 3% fixed.

Located 3 kilometres from the Brisbane CBD and 500 metres (approximately) from the 'Gasworks' precinct (source: Google Maps).

Investment characteristics;
1x exclusive use basement car park
Tenancy has good exposure and frontage to the street
Generous window facure creating an abundance of natural light

Exclusive Selling Agents;
Argus Commercial
Level 15, 66 Eagle Street, Brisbane Qld 4000
Corporate Real Estate Licence: 4250083

Auction Details;
In Rooms
Level 15, 66 Eagle Street, Brisbane Qld 4000
'66 Eagle Street' Cnr Creek St and Eagle Street
Tuesday, 23rd March, 2021 at 11am