HIGH PROFILE TENANTED INVESTMENT WITH HUGE DEVELOPMENT UPSIDE

QCommercial Properties in conjunction with RE/MAX U is proud to offer to the market for sale a large commercial tenanted freehold investment with development upside potential located at 56 Kingston Road, Underwood QLD 4119. This asset has improvements of circa 200m2* building area and 20m2* amenities which sits on a large 2,558m2* of land and enjoys a 35m* frontage to busy Kingston Road.

- Land area - 2,559m2*
- Building area - 200m2* + amenities 20m2*
- Massive frontage - 35m*
- High exposure location on busy Kingston Road
- Nett rent (after land tax) - $98,318.50 p.a* (Incl GST)
- Options 5 x 5 years from 01/12/2017
- Reviews - CPI
- Outgoings - 100% paid by the tenant except for land tax
- Would suit developers, owner occupiers and/ or investors
- Price - For sale by negotiation

*Approximate

For more information on this opportunity please contact the marketing agent.