Premium 100% Leased, Freestanding Multi-Tenant Investment Opportunity, With Upside

SOLD

1007 Stanley Street East

East Brisbane QLD 4169

Retail

FOR SALE

402m2

* LJ Hooker Commercial is pleased to present 1007 Stanley Street East, East Brisbane to the market for immediate sale
* Two Stand-Alone commercial buildings side-by-side, one of which is less than 2 years old.
* Multi-Tenant investment, mixture of retail, office, and consulting businesses.
* Development Approval for additional 42.75m² office. Potential $20,000 per annum additional net income.
* 100% leased investment, excellent main road exposure, minutes from CBD.
* Building 1: Freestanding character building. 5x5 lease to Cosmetic Injectables Australia.
* Building 2: Freestanding building. 3 years old Ground floor: 5x5 year lease to Barra Boys (retail food) and Level 1: 5x5 lease to Satcom Global.
* Current Net Income (approx) after land tax and outgoings $148,781 per annum plus GST
* Abundance of car parking with 13 onsite. Corner position.
* Positioned closely located to the Pacific Highway (M1), Brisbane CBD, and surrounded by a mixture of residential and commercial businesses.

PRICE: Contact Agent
BUILDING AREA: 402sqm
OUTDOOR AREA: 70 sqm
LAND AREA: 1,029 sqm