Dual-Tenanted Commercial Asset with Strong Lease Profile

The Details

Location
Brisbane, QLD
Type
Commercial
Purchase Price
$2,800,000 Going concern
Rent
$154,308.10
Yield
5.51%
Lease
New 5-year lease commencing 01 July 2026 with 1 x 5 year option; Redox 3-year lease commencing 21 November 2025 with 1 x 3 year option
Total Area
545 sqm

Why We Love This Property

  • 545 sqm net lettable area
  • Two established tenants across separate tenancies
  • Combined net income of $154,308.10 + GST
  • Annual reviews with CPI or fixed increases
  • Recoverable outgoings from tenants
  • Built circa 2008
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