Watkins Medical Lots 125 and 178, Lot 125 & 178, 225 Wickham Terrace,
Spring Hill, QLD 4000

Offices • Medical & Consulting

Key property information

Floor area

Car spaces

Parking info

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Map of Watkins Medical Lots 125 and 178, Lot 125 & 178, 225 Wickham Terrace

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Fully-Leased Investment Returning 7% OR Vacant Possession Car Parks

Available Immediately For Sale
7% Nett Return Fully Leased
Can Be Made Available Vacant Possession

At rear of Watkins Medical Centre is the car park building, this park is located in this building.

Located in the popular and well-located Watkins Medical Centre Car Park, Chesterton International are pleased to present the opportunity to acquire 2 x Car Parks individually or together. This bite-sized investment sub-$100k will not last long. Whether you are working in the CBD and are tired of paying Car Parking fees to a Car Park Operator, or, whether you are looking at a small commercial property investment, these Car Parks will not last.

- Lots 125 & 178 are available together either Leased or Vacant Possession;

- The Car Parks, priced at $45,100 each, returns a Net Income of 7%*;

- Can be available vacant possession as at 1 April 2019 so that you are able to use themselves.

Please call Ben Sikalas to obtain further information.

*APPROX

Spring Hill, 4000 demographic data

The median household income for Spring Hill is $1,889, 2% higher than Greater Brisbane's household income of $1,849. Spring Hill has a younger age profile compared to the rest of Greater Brisbane (median age 32 vs 36). Property ownership data shows 57% of property owners in Spring Hill have a mortgage.

6,593

Population

$1,889 per week

Median household income

32 years

Median age

Renters

Most residents

Families

Most households

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