Leased Asset on Underutilised Site

SOLD

6 Qualtrough Street

Woolloongabba QLD 4102

Offices

FOR SALE

720m2

Raine & Horne Commercial are proud to present a unique office for Sale in the heart of Woolloongabba. A two level complex diversified through six tenancies and providing for 22 designated car parking bays, the office sits on 1,350 square metres of land. Situated in the Ipswich Road and Stanley Street Corridor under the Woolloongabba Centre Neighbourhood Plan, the property offers secured and diversified income as well as future development potential. This Sale offers the following benefits:

• 720m² of building over two levels
• 1,350m² of flat rectangular shaped land
• Gross Annual Income of $226,358.60
• Multi building access points with 22 designated car parking bays
• Close proximity to local amenities including the Norman Hotel
• Direct access to Logan and Ipswich Road, M1 and Clem7 Tunnel

A great opportunity at the bottom of the market to acquire a Leased investment on a highly developable site, well located in a tightly held precinct. In itÂ’s current state the site is under utilised and provides ample opportunity to be further improved upon. For more information please contact the Exclusive Agents Nick Ford and Gino Allen.

Please Quote Property Id:3092398