161 Bazaar Street Maryborough, QLD 4650
Prime Investment Asset - Government Lease
- Leased until late 2022 with options
- Net rent $345,633* per annum
- Rent reviewed to market in 2017
161 Bazaar Street is a rare opportunity to acquire a high quality commercial building in a healthy regional centre. The property is largely unaffected by the correction in mining activity and benefitting from the growth in public sector employment and is anchored by a State Government tenant.
With the Fraser Coast Region continuing to be a lifestyle destination for Queensland’s expanding population, it is foreseeable that demand for commercial office space in Maryborough will remain strong on account of its importance as a business and administrative centre.
Key features include:
- High yield guaranteed by QLD Government Dept.
- Current Net Rent $345,633* per annum
- Current term expires Dec 2022 with 2 x 3 year options
- 899m²* net lettable area
- 19 undercover secure car parks plus 2 open air spaces
- 1,997m²* prime freehold land parcel
- Located in the established commercial heart Maryborough
- Good quality low maintenance masonry construction
For further information, please contact the exclusive marketing agents at Colliers International.
Property ID: 503145874Last Updated: 15 May 2019