Sale of 483 Milton Road, Auchenflower QLD 4066, 483 Milton Rd

AUCHENFLOWER QLD

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Greg Woods
0409 305 224
07 3002 8825
video

   Property Description
Boutique Investment with Secure Long Lease

- Securely leased to Surecom Pty Ltd which is wholly owned by Pres Care which is part of the Presbyterian Church of Queensland
- Fully leased until 2021 with a further option until 2024
- 5 + 3 year lease which commenced in 2016
- Generous 4% fixed annual rental increases
- Prime High Exposure Location
- Perfect asset for a Self-Managed Super Fund (SMSF) Investment
- The tenant pays all outgoings associated with the property including but not limited to Brisbane City Council Rates, Water Rates, Management, Insurance, Repairs and Maintenance, Fire Services, Security and operating and maintaining the Air Conditioning with the exception of structural repairs.
* Approx.

FOR SALE - $2,795,000
Gross Return $181,733 PA @ 6.5%
Net Income $162,240 PA @ 5.8%



Site Area (sq m) 928
Zoning Shopping Group (2 To 6 Shops
Price $2,795,000.00


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