Unit 1, 170 Montague Road,
West End, QLD 4101

This prime strata titled showroom/warehouse and office unit is prominently located on the corner of Montague Road and Cameron Street. The property offers 357m² of ground floor space which incorporates a high quality entrance and office area, and a 177m² strengthened, suspended concrete first floor currently used for printing & office. All office AND warehouse areas are fully air conditioned.

Currently occupied by the Wellcom Group Ltd, an ASX listed company specialising in pre-media, digital asset management and specialty printing services to advertising agencies, retailers and corporations with a reported turnover near $40 million p.a., this property offers excellent security. The Wellcom Group Ltd also lease the adjoining front unit (unit 5). There is interconnecting access between these two units both of which have been occupied by the same business for over seven years.

This is an excellent opportunity to enter the inner Brisbane property market in West End. The subject is surrounded by new development including a number of prestigious 'mixed use' projects incorporating residential units with retail & commercial applications. The proposed extensions of the Hale Street Bridge into South Brisbane will see accessibility to this area dramatically improved making West End THE city fringe location.

357m² Ground floor space + 177m² mesa-nine

Lease Details:
Tenant - Wellcom Group Ltd @ a nett rental of $86,500 p.a. + outgoings on a 3+3 year lease commencing on the 26/07/07 with CPI annual reviews and a review to market at the begining of year 3.

For further details contact
Nathan Moore- 0413 879 428 or
Michael Keddy- 0403 181 272