Level 5 'Icon Place', 270 Adelaide Street,
Brisbane City, QLD 4000

Offices • Medical & Consulting

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CBD Investment With 5 Year Net Lease

Ray White Commercial (QLD) are pleased to exclusively offer to the market, for sale by Expressions of Interest closing 1st May 2018 at 4pm, Level 5, Icon Place, 270 Adelaide Street, Brisbane City QLD.

Highlights include:
• 5 year net lease to 2022 + 5 year option to 2027
• A-grade 309sqm* fitted out office with 1 car park
• Tenant pays for all outgoings including management fees (excluding land tax)
• Tenant is an Australian supplier of military grade surveillance systems
• Strong income growth with fixed 3% annual increases
• Secure monthly income stream underpinned by a 3 month security bond
• Partial fit out included in sale
• Significant depreciation benefits
• Net income of $105,702* + GST pa

As the exclusive marketing agents, we look forward to assisting you with your enquiries.

For Property Enquiries:
Michael Feltoe
Ray White Commercial (QLD)
M 0447 714 899
E michael.feltoe@raywhite.com

For Funding Enquiries:
James Kelder
Green Finance Group
M 0432 393 608
E james@greenfinancegroup.com.au

*Approximately

Property ID: 502764330Last Updated: 30 Aug 2023

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