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5/175 Ocean Drive Twin Waters, QLD 4564

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5/175 Ocean Drive,
Twin Waters, QLD 4564

Offices • Shops & Retail

Price information

Sold

$370,000

Key property information

Floor area

Zoning

Tenure type

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Map of 5/175 Ocean Drive

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North Shore Investment – Longstanding Tenant + 5 Year Lease in Place

  • Well-established Tenant
  • Long Term Lease
  • Solid Return
- 83m2
- The current leased commenced on 1/1/2015
- $25,056.07 pa net income as at 1/1/17
- Tenant pays 100% of outgoings
- 5% fixed annual increases on base rent
- Ample on site car parking

This property is well positioned within a professional office complex in beautiful Twin Waters. This tenanted strata titled suite would make the perfect addition to your investment portfolio or SMSF. The property is tenanted by a well-established real estate agency, Century 21, who service the North Shore and extended region in residential sales and property management. The ground floor office is situated among other professional service tenants. The complex is currently fully leased and has a history of very low vacancy rates.

For sale by Expressions of Interest closing Thursday 27th April 2017 at 5pm.

To obtain an Information Memorandum please contact the Exclusive Marketing agent today.

Property ID: 502342102Last Updated: 21 Jun 2017

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5/175 Ocean Drive
Twin Waters, QLD 4564

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