C Property QLD are pleased to exclusively present to market a corporate office building leased to the QLD State Government on a recently renewed 6-year lease with a 4 year option.
306 Ipswich Road is a strategically positioned secure investment which has been occupied by the QLD State Government for over 18 years.
– 100% leased to QLD State Government – Department of Youth Justice Brisbane
– Recently renewed 6-year lease plus 4 year option
– Current net income of $373,012.15* + GST
– Secure annual growth with 3.5% annual increases
– Total net lettable area of 961 sqm* with 18 car parks
– 1,434 sqm* corner land holding with strong development upside for the future
– District-Centre Zoning
– Ideally situated to capitalise on significant infrastructure projects within the precinct
Approx.*
This property is for sale. For further information or to arrange an inspection, please contact the Inner-City Specialists & Exclusive Agents C Property QLD.
