Lease back investment opportunity OR vacant possession on offer

38 Franklin Street, Rocklea, Queensland 4106

Industrial For Sale or Lease

For Sale
Land Area: 1,200.00 m2.    Floor Area: 635.00 m2.    

For Lease
Land Area: 1,200.00 m2.    Floor Area: 635.00 m2.    
Asking rental is $60000.00 psmpa net.

Description

- Sub $1million dollar opportunity
- Onsite cafe returing $7,800.00* net of income a year
- Head tenant will re-sign a 5-year lease returning $60,000.00* net of income a year.
- Total potential return = $67,800.00* net p.a
- Ample yard for car parking or storage

*approx.

Features

  • Freestanding office/warehouse facility
  • Recently refurbished office
  • Corner site with dual street access

Specifications

Council Brisbane City Council
Zoning GENERAL INDUSTRY B

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