Level 5, 50-56 Sanders Street Upper Mount Gravatt, QLD 4122
Secure basement car parking
Tenanted Investment Details
4.5 Year WALE with a Strong Tenant Covenant to a National Brand
- 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