Affordable Office/Retail Investment with Financial Services Tenant in Place

SOLD

1/21 Waterloo Street

Cleveland QLD 4163

Offices

FOR SALE

59m2

Ray White Commercial Bayside are pleased to present to market 1/21 Waterloo Street, Cleveland for sale.

This 59sqm* strata-titled office space is neatly appointed with smart finishings and an economical use of space. The air-conditioned premises includes a reception area, meeting room and open plan office, with a kitchen and private bathroom at the rear. While currently being used as an office, the space could easily accommodate retail or medical/allied health operations.

The property is currently tenanted to a financial services firm, returning $21,600 Gross + GST pa. ($16,668* + GST pa after rates and body corporate costs).
With excellent signage, exposure and off-street parking, this tenanted investment presents great value to astute buyers looking to add to their portfolio.

- 59sqm* strata-titled office
- Air-conditioned space with reception, meeting room, and open-plan area
- Kitchen and private bathroom
- Currently leased to financial services firm returning $16,668* Nett + GST pa
- Excellent signage and off-street parking

Sale Price - $340,000^

^ As this property is tenanted, the 'Going Concern Exemption' is assumed to be applied.
Purchasers should seek their own independent accounting advice.

* Approximately