Office Asset | South East Queensland | $11,150,000 | Net Yield: 7.64%
A modern freestanding office investment delivering secure, long-term income through a premium tenancy profile. Constructed in 2017, the asset comprises a high-quality two-level building of approximately 2,153sqm positioned on a substantial 2,023sqm freehold site. Anchored by a leading national tenant occupying more than 75% of the total area, the property provides investors with strong income security and minimal management requirements via double net lease structures.
Strategically situated along a major arterial road within a rapidly growing South East Queensland commercial precinct, the property benefits from exceptional visibility, contemporary design, and significant depreciation advantages. The location supports excellent accessibility, strong population growth, and sustained commercial demand, positioning the asset as a standout long-term investment opportunity.
Key Highlights
- Purchase Price: $11,000,000
- Net Yield: 7.71%
- Net Income: $848,326 p.a. + GST
- Net Lettable Area: approx. 2,153 sqm
- Land Area: approx. 2,023 sqm (freehold)
- Tenure: Freehold
- WALE: 8.37 years (by income)
- Anchor Tenant: National homebuilder occupying over 75% of NLA
- Lease Structure: Double net leases with fixed and CPI annual increases
- Building Constructed: 2017 (modern specification with significant depreciation benefits)
- Location: Prime position along major arterial road within metropolitan growth corridor
- Zoning: Local business and industry
- Low ongoing maintenance requirements
- Excellent access and on-site parking provisions
- Surrounded by major national retailers and commercial occupiers
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Purchasing Costs
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