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53 Brisbane Road Newtown, QLD 4305

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53 Brisbane Road,
Newtown, QLD 4305

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Long Term Tenants - Established Law Firm

• Lease: 44 months remaining of 10 year lease + Option
• Return: $54,019.53* pa net
• Building size: 275m2* (2 storey) - Land Area: 906m2*
• Car parks: 12 on site
• Location: Main Road cnr position with future development upside (STCA)

The Opportunity

On offer is a secure investment opportunity. Morrison Lawyers are the long term tenants of this 275m2 two level brick office (originally a house that has been fitted out as a professional suite).

The office is well appointed and is air-conditioned and gains high exposure from the much utilised Brisbane Road thoroughfare. The property enjoys 2 street frontage being positioned on the corner of Brisbane Road and Frederick Street, Newtown.

The site has full concrete driveway and car parking facilities accommodating 12 onsite car parks.
Morrison Lawyers have been offering their services from this property for over 15 years. They have 44 months remaining of their current 10 year lease with a remaining option of a further 5 years.
The site does lend itself to future development subject to council approval.
*approx

Offered for sale by Public Auction
Thursday, 19 August 2010 @ 10.30am
Stamford Plaza, Brisbane

For further information please contact:

Damian McMahon 0407 632 753
dmcmahon.commercial@raywhite.com
Ray White Commercial (Queensland)

Trent Quinn 0401 907 878
trent.quinn@raywhite.com
Ray White Commercial Ipswich

Property ID: 5679978Last Updated: 8 Oct 2013

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This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.
realcommercial.com.au logo
53 Brisbane Road
Newtown, QLD 4305
RWC Queensland
Level 26, 111 Eagle Street
BRISBANE CITY, QLD 4000
Ray White Commercial - Ipswich CBD
81 Limestone Street
IPSWICH, QLD 4305

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