Secure 5 year Lease to Globally Recognised Franchise – Showing 5.8% Net Yield

SOLD

Suite 2/123 Sippy Downs Drive

Sippy Downs QLD 4556

Retail

FOR SALE

202m2

+ 5 year + 3 x 5 year options lease to Club Pilates
+ Globally recognised franchise offering high-quality training and equipment for members
+ Tenants have invested $245,000 to transform the tenancy giving them an industry-leading look
+ Current rental return $102,500 per annum + outgoings + GST
+ 202m²* ground floor strata titled tenancy
+ Complex is a two-level development that comprises 20 strata-titled units
+ Located in University/Town Centre Precinct
+ Central position within rapidly growing Sippy Downs Town Centre and University precinct
+ 2 minutes off the Sunshine motorway
+ Youi Insurance head office employing 1,000 people located within 3 minutes drive
+ Strong tenancy mix within this new building and the surrounding commercial / shopping complexes provides a one-stop convenient town centre
+ Large customer/staff off-street car park area with 2.5 hour time limit parking ensures good accessibility for customers

Call or email David Brinkley or Tracey Ryan to inspect the property or find out about other suitable options.

* Approx.