Price Reduced to Sell! Rare Whole Office Building in Bundall
Davidson Property is pleased to offer this high quality, freehold office building to the market for sale.
Comprising 1,528 sqm over four levels, investors have a rare opportunity to acquire a multi-tenanted office building with new leases on a high yield.
Located in tightly held Bundall, the land is located in the favourable ‘Innovation’ zone.
Basement & podium parking make this a sought-after property for commercial tenants. With four sides of natural light, many office suites have water views.
With a Weighted Average Lease Expiry (WALE) of 2.36 years*, investors also benefit from a staggered lease expiry profile and strong rental growth from fixed percentage reviews. NABERS Energy Rating of 2 Stars.
Offering a fully leased net income of $451,411 per annum plus GST, 91 Upton Street represents at outstanding investment opportunity.
Contact Exclusive Agents – Kyle Davidson & Mike Ward for Further Information / IM
