Located on the city side of Coorparoo only 4km to the CBD, this two-story industrial building presents a clever financial opportunity for business owners looking to secure another asset, or for a business currently paying dead rent money, and would like to progress forward start paying off your own business asset. A purchase like this will take your business to the next level.

If you are new to Coorparoo, the suburb is one of Brisbane's leading suburbs, sought-after for its lifestyle, proximity to everything, plus the capital growth over the last ten years has exceeded most areas in Queensland. This is expected to continue as Brisbane embraces its new stature as a World City, with the up-and-coming 2032 Brisbane Olympics right around the corner.

PROPERTY KEY FEATURES:

- Industrial Building approximately 194m2 including mezzanine
• Corner position at the front of the complex taking in city views, and breezes
- Two levels of prime space including four offices – two on each level - Two toilets - A large boardroom - Full height roller door access to workshop - Two car dedicated car spaces (If parking smaller cars, two cars can fit tandem)

- Positioned right next door to the Coorparoo AFL playing fields and clubhouse - 4km to the CBD - Walking distance to buses and Coorparoo train station

ABOUT THE LOCATION:

This is a prime and central location in one of Brisbane's top suburbs, situated within walking distance to train, bus, cafes, shopping centre and central to plenty of amenities.

DRIVING TIMES:

- 3 minutes: South-East freeway - 7 minutes: CBD - 13 minutes: Gateway Bridge - 19 minutes: Airport

TENANCY: $4,987.50 per month. Expiring in June 2025.

The property will be sold with vacant possession.

TENANT PAYS: 100% Water and Sewerage Utility, 100% Light and Power Utility, 100% BCC Rates, 100% Body Corporate Fees.

RATES: $794.31 per quarter

BODY CORPORATE: $780 per quarter including admin and sinking fund

RENTAL:

If you are looking to rent out half or all the space, this property has had two tenants in the past, with one upstairs utilising the entry on the lower level, whilst the second tenant occupied the lower office, bathroom, workshop and roller door.

A copy of the rental appraisal is available in the information memorandum.

INSPECTING:

Weekly inspections are available. Please phone for times.

I look forward to being of service, and helping you secure the property. For a confidential discussion, please give me a call on 0423 733 882.

Disclaimer: Information contained on any marketing material, website, or other portal should not be relied upon, and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.