3 Gunn Street,
Underwood, QLD 4119

Offices • Showrooms & Large Format Retail • Medical & Consulting

Price information

Sold

$1,250,000

Key property information

Land area

Floor area

Car spaces

Parking info

Property extent

Tenure type

Sold on

Map of 3 Gunn Street

Directions

FREESTANDING INVESTMENT IN KEY LOCATION

LOW SITE COVERAGE - 523 ON 1 650 SQM*
NET RENT $ 72 335 PER ANNUM + GST
NEW ROOF INSTALLED JULY 2022

- Low Site Coverage - 523 SQM* on 1620 SQM* Land (32%)
- Just off Logan Road with main road signage for both tenants
- Returning $ 94 114 Gross rent plus GST combined
- Outgoings approximately $ 21 779 per annum
- Net Rent $ 72 335 net per annum plus GST
- Units 1&2 - 3 + 3 + 3 Year lease commenced 1/3/2022
- Units 3&4 - 5 + 5 Year Lease commenced 1/4/2020
- Excellent on site parking (24 in total) with security fencing & gate
- Substantial Fitouts and Bank Guarantees provided by tenants
- New roof across whole building installed by owner in July 2022
- A superb long investment with excellent tenant mix

Please contact Exclusive Agent Brian Manne for more information.

*Approximate **If Applicable

Property ID: 504165307Last Updated: 3 Nov 2022

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