21/302 South Pine Road, Brendale, QLD 4500

  • 420 sqm

For sale

Expressions of Interest Closing July 15th 4pm

FIRST-CLASS INVESTMENT WITH LONG-TERM GOVERNMENT TENANT

On behalf of our vendors Raine & Horne Commercial Brisbane North is happy to present to the market this secure investment in Brendale’s leading commercial centre.

• Currently leased to Choice Passion Life Queensland (formerly Cerebral Paulsy League)

CPL are well established tenants having occupied since 2010

CPL is wholly a State Government subsidiary

• Brand new 3-year lease as of 1 July 2021 + 3 year option

• Currently returning $168,000* pa gross + GST (annual reviews of CPI)

• Approximate net return of $139,120* pa + GST

• 419sqm* over four lots in a popular main road complex

• High-quality fitout throughout recently completed

• Large open-plan Office area, professional reception

• Multiple large training rooms, therapy rooms and offices

Expressions of Interest closing Thursday 15 July 2021 at 4pm.

Contact your Raine & Horne Commercial agents today for more information.

*Approximately

Listing ID 8167791

Dan tewson 400x400.profile
Sales & Leasing Executive
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Sales & Leasing Executive

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Property Info:
  • Property ID: L9513767
  • Property Type: Retail
  • Building / Floor Area: 420 sqm