UNDERWOOD QLD 4119
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- 9 Nov 2016
Strong, Secure Lease = Strong Investment at 8%
- Superb investment in heart of growing Underwood
- Five year lease with options to training company
- Approx. 229sqm on ground floor with massive exposure
- Currently returning $72,000.00 p.a. nett with solid increase
- Security bond and guarantee in place
- Astute superannuation and family investors should inspect immediately
- Motivated Seller!
Logan Road, Kingston Road, Compton Road and surrounding area encompass the Underwood business centre, which is a mixed-use urban development area incorporating the Underwood/Slacks Creek industrial estate as well as retail, commercial and office establishments. Retailers in Underwood include Bunnings, Big W and Woolworths as well as The Zone, which is a privately owned retail estate.
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