Premium 100% Leased, Freestanding Multi-Tenant & Mixed-Use Investment

Contact Agent

92 Cleveland Street

Greenslopes QLD 4120

Offices

FOR SALE

598m2

LJH Commercial is pleased to present 92 Cleveland Street, Stones Corner, QLD, to the market for immediate sale, via offers to purchase. Rarely do opportunities of this calibre appear on the market.
* Quality Freestanding mixed use commercial and residential building. High quality glass front façade. City views from level 1.
* 100% leased investment, excellent main road exposure, minutes from CBD.
* 3 x Commercial tenancies, with 5-year lease agreements and options from 2019. All commercial tenancies are featured on the ground floor (one tenant over 2 levels). 365sqm lettable area, plus 53sqm storage. 8 car spaces allocated to commercial tenancies.
* Strong tenants including: Alleviate Insurance, Cohlabs and Protech.
* 3 x Residential tenancies on level 1, with long standing tenants. 100% leased. All units are 1-bedroom, approx. 60sqm GFA, and have 1 car space.
* Current Net Income $126,791.32 per annum + GST (if applicable)
* Positioned closely located to the Pacific Highway (M1), Brisbane CBD, and surrounded by a mixture of residential and commercial businesses in the Stones Corner retail precinct.
* The owners have given clear instructions to sell the property via Offers to Purchase to be submitted in writing.
* Contact Exclusive Agent Manoli Nicolas on 0400 082 170 for further details and inspection today.

BUILDING AREA: 598 sqm
STORAGE: 53 sqm
PARKING: 11 car spaces
LAND AREA 405 sqm