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Multi-Tenanted Freehold Asset with Diversified Income - Occupy or Invest! 2 Wills Street, North Lakes QLD 4509
Offers to Purchase - Closing May 21st at 4pm
Overview
Listing Number: 5068928
Land Size
1252.00
m2
Industrial/Warehouse
North Lakes
Location
15
Open Spaces
15
Total Car Accom
Property Description

Located on the corner of Flinders Parade and Wills Street is this 777m²* mixed-use building with significant exposure. The site benefits from a 1,252m²* corner position and a fully let income of $220,469* Per Annum Net across four tenancies. With a short lease-tail on the ground floor tenancy, this is an opportunity for Owner Occupiers and Investors to secure a freehold asset within one of the tightest commercial precincts in the north of Brisbane.

Key Features:

– 777m²* Mixed-Use Building on 1,252m²* Corner Site
– Fully Leased Returning $220,469* Per Annum Net Across Four Tenancies
– Unit 1 & 2: 509m²* Office/ Warehouse & Showroom Tenancy with Additional 67m²* Mezzanine
– Unit 3: 117m²* First Floor Office
– Unit 4: 102m²* First Floor Office
– Full Drive-Through Access Through Unit 1 & 2 (Flinders Parade & Wills Street)
– Lift Access to the First Floor
– Fifteen (15) Car Spaces
– Diversified Income Across Three (3) Tenants
– Short Lease-Tail on Unit 1 & 2: Opportunity to Re-Negotiate or Purchase and Occupy

*Approximately

This Site is Available via Offers to Purchase – Closing May 21st at 4pm.

To receive a copy of the Information Memorandum and to arrange an inspection, please contact the Agents at NAI Harcourts and Raine & Horne Commercial on the details below.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property Details
Land Size
1252.00
Property Type
Industrial/Warehouse
Location
North Lakes
Open Spaces
15
Total Car Accom
15
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Multi-Tenanted Freehold Asset with Diversified Income - Occupy or Invest!
2 Wills Street, North Lakes QLD 4509
Land Size
1252.00
m2
Industrial/Warehouse
North Lakes
Location
15
Open Spaces
15
Total Car Accom
Offers to Purchase - Closing May 21st at 4pm
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