327 Bayswater Road,
Garbutt, QLD 4814

Warehouse, Factory & Industrial • Offices

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BRAND NEW 4 YEAR LEASE - 8% NET RETURN

$875,000 pa (ex GST)
Net rental of $70,000 pa (plus GST)
Recent building refurbishments

- The investment you've been waiting for
- Brand new 4 year lease commencing 27 February 2019
- Additional 2 x 3 year options
- Tenant pays all outgoings (excluding land tax)
- Net rental of $70,000 pa (plus GST)
- Secure lease to Queensland based tenant, Worksafe Connect Pty Ltd
- Main road corner position with high exposure
- Freestanding property with a land area of 964sq.m
- Building area of 602sq.m*
- Recent refurbishments including external and internal repaint and new floor coverings to all office areas

For further details or to arrange an inspection please contact Todd Walsh at Colliers International

* Approximate

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Garbutt, 4814 demographic data

The median household income for Garbutt is $1,082, 28% lower than Regional Queensland's household income of $1,507. Garbutt has an older age profile compared to the rest of Regional Queensland (median age 42 vs 41). Property ownership data shows 57% of property owners in Garbutt have a mortgage.

2,309

Population

$1,082 per week

Median household income

42 years

Median age

Renters

Most residents

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Most households

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