Commercial Brisbane is proud to offer this solid industrial property built Circa 1958, located in an excellent position on a major thoroughfare opposite The Prince Charles Hospital. With a solid steel frame and multiple tenants, this property offers flexibility now and into the future.

Hold and have steady income or refurbish and prosper from income growth.

There is approximately 1,509 m2 of building split into 5 separate tenancies. Three are leased and two are vacant. The building sits on 2 titles, which combined totals 2,676 m2 of light industrial land.

• Current passing nett income approximately $101,000 (excl. land tax)
• Land Area - 2,676 m2 (Lot 4 & Lot 2 combined)
• Building Area - 1,509 m2 approximately
• 3 Long Term tenants in lease until late 2015
• Approximately 415 m2 of vacant space over 2 levels

Chermside is a suburb on the north side of Brisbane and is a key destination along Queensland Transport’s Northern Bus-way. Future plans for Chermside have it described as being a mini CBD with Westfield Shopping Centre, high-rise mixed use commercial and residential property and excellent public transport.

Full Information Memorandum available upon request. Contact exclusive agent Christine Talty NOW.