3/118 Brisbane Road,
Labrador, QLD 4215
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Map of 3/118 Brisbane Road
Tram stops within 5 km of 3/118 Brisbane Road, Labrador, QLD 4215 Distance Gold Coast University Hospital 3.1 km Southport Depot 3.6 km Nerang Street 4.1 km Parkwood East 4.2 km POWERED BY HERE ©Bus stops within 5 km of 3/118 Brisbane Road, Labrador, QLD 4215 Distance Brisbane Rd at Treasure Island Caravan Park 129 m Labrador Park Shopping Centre 236 m Government Rd Near Brookside Rd 542 m Hollywell Rd Near Thelma Ave 577 m Government Rd Near Ashton St 608 m POWERED BY HERE ©
POWERED BY HERE ©
Offers above $4,900,000 | Government Tenanted Investment
- $392,293.42* NET annual rental
- 1,186sqm* whole top floor
- FOR SALE by offers to purchase
Rare government leased office strata investment (Department of Child Services) of 1,186 sqm* with low outgoings and approximate NET income of $392,293.42 per annum.
• 118 Brisbane Road is a modern mixed-use strata commercial development constructed circa 2005. Comprising ground
floor showroom and 1st level office space with abundant parking in the front and rear. The location is excellent fronting
the main arterial ‘Brisbane Road’.
• Total surveyed lot area is 1,186 sqm* being the total top floor of the building with lift access.
• The lot includes 18 covered car spaces on the title (as an extra 254sqm* of area) at an additional annual licence of $25,625.
• Total outgoings including body corporate rates and council rates/water are $43,331.58 projected per annum excluding
GST and excluding Land Tax. Tenanted to the Department of Child Safety as a direct lease to the Queensland
Government, who have been on the premises since circa 2005. Current GROSS annual return of $435,625 with a lease
expiry of 25th April 2025 plus 2 x 2-year options.
• For immediate sale by offers to purchase.
Contact exclusive representative Ed Howard on 0449 955 2... for further information.
*=Approximate only
Disclaimer: Cushman & Wakefield does not guarantee, warrant or represent that the information contained in this advertising and marketing document is correct. Any interested parties should make their own inquiries as to the accuracy of the information. We exclude all inferred or implied terms, conditions and warranties arising out of this document and any liability for loss or damage arising therefrom.
• 118 Brisbane Road is a modern mixed-use strata commercial development constructed circa 2005. Comprising ground
floor showroom and 1st level office space with abundant parking in the front and rear. The location is excellent fronting
the main arterial ‘Brisbane Road’.
• Total surveyed lot area is 1,186 sqm* being the total top floor of the building with lift access.
• The lot includes 18 covered car spaces on the title (as an extra 254sqm* of area) at an additional annual licence of $25,625.
• Total outgoings including body corporate rates and council rates/water are $43,331.58 projected per annum excluding
GST and excluding Land Tax. Tenanted to the Department of Child Safety as a direct lease to the Queensland
Government, who have been on the premises since circa 2005. Current GROSS annual return of $435,625 with a lease
expiry of 25th April 2025 plus 2 x 2-year options.
• For immediate sale by offers to purchase.
Contact exclusive representative Ed Howard on 0449 955 2... for further information.
*=Approximate only
Disclaimer: Cushman & Wakefield does not guarantee, warrant or represent that the information contained in this advertising and marketing document is correct. Any interested parties should make their own inquiries as to the accuracy of the information. We exclude all inferred or implied terms, conditions and warranties arising out of this document and any liability for loss or damage arising therefrom.
Property ID: 504191199Last Updated: 20 May 2024
04499552...![realcommercial.com.au logo](/listing-ui-assets/img/rca-logomark.svg)
3/118 Brisbane Road
Labrador, QLD 4215
Cushman & Wakefield - Gold CoastLevel 9, 50 Cavill Avenue
SURFERS PARADISE, QLD 4217
SURFERS PARADISE, QLD 4217
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