C Property QLD are pleased to exclusively present to market a corporate office building leased to the QLD State Government on a recently renewed 6-year lease with a 4 year option.
306 Ipswich Road is a strategically positioned secure investment which has been occupied by the QLD State Government for over 18 years.
– 100% leased to QLD State Government – Department of Youth Justice Brisbane
– Recently renewed 6-year lease plus 4 year option
– Current net income of $373,012.15* + GST
– Secure annual growth with 3.5% annual increases
– Total net lettable area of 961 sqm* with 18 car parks
– 1,434 sqm* corner land holding with strong development upside for the future
– District-Centre Zoning
– Ideally situated to capitalise on significant infrastructure projects within the precinct
The property is for sale via expressions of interest closing Tuesday 5th December at 5pm. For further information or to arrange an inspection, please contact the Inner-City Specialists & Exclusive Agents C Property QLD.