Mid $500, 000's
Cleveland, QLD 4163
Last updated: 25th February 2023
Listing ID: 13579
Office Building unique opportunity $500,000 ex GST secure government tenant
Phone enquiries - please quote property ID 12768
This is unique opportunity to purchase a share of this high quality building. Centrelink have entended lease into second term and have been in the building for 7 years. The vendor purpose built for Centrelink in 2005/6. The owner is looking to share the investment as an alternate to selling. If you are looking for a high quality imnvestment that will returm a capital gain and increasing rental, current lease provides 3% per annum increases this is for you.
Building is only 7 years old, fully airconditioned with 36 basement carparks. There is a lift between the basement and the office level. Building is well maintained as part of the lease and is in as new condition.
This is an ideal investment for an investor looking for an alternate to residential property, The professional management that is currently in place for the whole building will lok after all on going management and costs and regular payments of $2,500 ex GST/month, nett of all outgoings and building costs are fully supported by the current goverment lease and building management. Email or call to discuss how this unique opportunity can work for you.
Purchasers must be Investors defined as sophisicated Investors as defined under the ASIC Corporations ACT.
This property is very walkable with most errands able to be accomplished on foot. Great for getting chores done over lunchtime. Seek out the lunch and coffee options close by. There is some transit available from here with a few nearby public transportation options.
- Walker's Paradise
- Daily errands do not require a car
- Very Walkable
- Most errands can be accomplished on foot
- Somewhat Walkable
- Some errands can be accomplished on foot
- Car Dependent
- Most errands require a car
- Car Dependent
- Almost all errands require a car
- Rider's Paradise
- World-class public transportation
- Excellent Transit
- Transit is convenient for most trips
- Good Transit
- Many nearby public transportation options
- Some Transit
- A few nearby public transportation options
- Minimal Transit
- It is possible to get on a bus