• For Sale
  • Office
Your new HQ or value add opportunity!
Your new HQ or value add opportunity!
Your new HQ or value add opportunity!
Your new HQ or value add opportunity!
Your new HQ or value add opportunity!
Your new HQ or value add opportunity!
Your new HQ or value add opportunity!
Your new HQ or value add opportunity!
Your new HQ or value add opportunity!
Your new HQ or value add opportunity!
Your new HQ or value add opportunity!
Your new HQ or value add opportunity!
Your new HQ or value add opportunity!

For Sale

Expressions of Interest 27th Aug 2020 Colliers International, Level 30, 111 Eagle Street, Brisbane City
1176 Sandgate Road is a superbly refurbished office/retail industrial chic building on a prominent corner within the bustling Nundah Village adjacent to Woolworths and Energex HQ.

Federal Government and National tenants occupy the entire ground floor providing a strong passing income of $302,910 Net P.A. This presents the ideal opportunity to owner occupy as your new HQ or value add investor with significant rental uplift and development upside of 8 storeys (STCA).

Key points:
•Prominent position in the centre of the vibrant Nundah Village
•3 year lease to Commonwealth Government covenant
•NLA: 1,527sqm* over two floors
•Prominent 70 metre North East corner position
•Large 1,052sqm* site positioned in the heart of Nundah
•Significant development potential (STCA)
•Secured income with ground floor 100% leased
•Architecturally designed $1million + industrial chic style refurbishment of the entire building
•Secured carparking

The asset is situated in the established growth corridor of Nundah just 9km* from Brisbane's CBD, 6 km to Brisbane Domestic and International Airport. A highlight of Nundah is the excellent connectivity to Brisbane's key destinations via road and public transport infrastructure following by unrivalled amenity. Such major amenities include:

•Woolworths/Retail amenity (20m)
•Nundah Train Station (400m)
•Clem 7/Airport Linkm7 tunnel (900m)

1176 Sandgate Road is offered for sale by Expressions of Interest closing Thursday 27 August 2020 at 4pm.

For more information, please contact the exclusive selling agents today.

*Approximately
STCA - Subject to Council Approval

Property Details