18 & 18a/1029 Manly Road, Tingalpa QLD

For Sale




This 342sqm* strata titled tilt panel commercial space has several possibilities for the astute owner occupier or investor alike.

Split into two high quality air-conditioned office/retail spaces, the property is currently half leased and with the other half offered as vacant possession. This would be ideal for owner occupiers looking for premises with excellent main road frontage, with the added benifit of a passive income stream from the tenanted half of the building (Global Print).
This gives your business the ability to grow and take on the other half in the future, without the expensive task of finding and moving to bigger premises.

Investors will note the strong return in place for Global Print ($39,167 Nett pa), and the potential $48,000 Nett pa return for the vacant space, most recently achieved with real estate and government tenants in the past 2 years.

Providing a potential nett return of $87,167 pa, 18 & 18a/1029 Manly Rd, Tingalpa is an atractive proposition.

Features include:
Total area 342sqm* (suite 18 - 191sqm*, suite 18a - 151sqm*)

Suite 18:
- 191sqm* of quality office fitout on busy Manly Road
- 139sqm* ground floor with reception, two meeting rooms and open plan office
- 52sqm* mezzanine level open office with another meeting room
- Kitchenette and disabled compliant toilet
- 12Kw* Solar Power System
- Ample off street car parking
- Fantastic signage opportunities available
- Potential Rent (previously achieved) $48,000 Nett pa

Suite 18a: Global Print
- 151sqm* office/print production fitout
- Kitchenette and toilet
- 12Kw* Solar Power System
- Ample off street car parking
- Returning $39,167 Nett pa

Sale Price - $1,250,000^

^Going Concern exemption is assumed to be applied. Please consult your accountant for financial advice.