Commercial Investment - 8.25 year WALE


2 Pittwin Road

Capalaba QLD 4157




Wright Property and Ray White Commercial Bayside are proud to exclusively present to the open market a premium investment opportunity located at 2 Pittwin Road North, Capalaba. The offering of this fully leased investment presents an opportunity that is becomingly increasingly rare in the current market. Boasting a new, ten year lease to a highly successful established business and a modern commercial fit out, this offering presents an ideal opportunity to secure a secure property investment.

Specifically, 2 Pittwin Road North, Capalaba boasts the following key strengths;
• Secure income underpinned by anchor tenant Ausbuild on a new 10 year lease and three other high quality tenants
• High profile corner site in bustling commercial centre
• Near-new, high quality commercial building with attractive and functional corporate fit out
• Improvements offer depreciation benefits and require little to no capital expenditure in the immediate future
• Strategic location adjacent to Capalaba Park Shopping Centre & Capalaba Central Shopping Centre and Gateway Motorway
• Significant undercover car parking ratio of 1:38sqm
• NETT income of $526,000* per annum

We must stress that opportunities to secure near-new leased investment opportunities that are fully let on such attractive terms are extremely rare. We therefore invite your participation in the Expressions of Interest campaign closing Wednesday the 18th of June 2015.

For further information or to arrange an inspection, please contact the exclusive agents on the details below.