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Level 5, 50-56 Sanders Street Upper Mount Gravatt, QLD 4122

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For Sale

Level 5, 50-56 Sanders Street Upper Mount Gravatt, QLD 4122

Offices
Sale Price

$3,300,000

Excl. GST

Floor area

504.0m²

Car spaces

16

Parking info

Secure basement car parking

Property extent

Partial

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$247,988
Number of Tenants
1 Tenant
Tenants / Type
Accounting Firm

4.5 Year WALE with a Strong Tenant Covenant to a National Brand

Rare fully leased investment within the blue chip Mount Gravatt commercial hub.

- 504 sqm NLA of modern fitted office accommodation.
- Premier top floor position within the building with 200 degree views.
- Strong location in the popular & tightly held Mount Gravatt commercial hub, which includes Westfield Garden City Shopping Centre & the Garden City Bus Interchange.
- 16 secure basement car parks (with ratio of 1:31).
- Secure lease to single tenant.
- Long 4.5 Year WALE from a wholly owned subsidiary of a national brand name firm.
- Net income of $247,988 pa.
- Strong fixed rental increases at 3.5% annually.
- Net lease structure with tenant responsible for outgoings.

For further information or to arrange an inspection, please contact exclusive agents Lioncorp or Knight Frank.

Property ID: 503198902Last Updated: 18 Aug 2019

Level 5, 50-56 Sanders Street
Upper Mount Gravatt, QLD 4122

Agency contacts

Knight Frank - Brisbane

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Knight Frank - Brisbane

Level 3, 12 Creek Street
BRISBANE CITY, QLD 4000
Lioncorp - UPPER MOUNT GRAVATT

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Lioncorp - UPPER MOUNT GRAVATT

Commercial One, Ground Floor 10-16 Norton Street
UPPER MOUNT GRAVATT, QLD 4122
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Matt Barker
Knight Frank - Brisbane
Level 5, 50-56 Sanders Street Upper Mount Gravatt, QLD 4122

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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