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Offices

141A Queen Street Cleveland, QLD 4163

Sold for $1,410,000 on 22 Jun 2023
  • Building: 369m²
  • Land: 192m²
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Offices in Cleveland

Freestanding Office Building in Cleveland CBD Fully Leased to Single Tenant

  • Building: 369m²
  • Land: 192m²

Ray White Commercial Bayside is pleased to present 141A Queen Street, Cleveland exclusively to the market for Sale via Expression of Interest.

This freestanding two-level office building is located in Central Cleveland and benefits from a highly visible corner location.

Spanning across two levels, the layout includes a reception/waiting area, boardroom, multiple private offices and open-plan work areas, a large kitchen/meals room and self-contained amenities.

The space is currently leased by Connect2Group until November 2025 with annual fixed increases of 3%.

Features include:

  • Freestanding office building in central Cleveland on the corner of Queen Street and John Street
  • 369sqm* of total lettable area over two levels (183sqm* ground floor + 186sqm* 1st floor)
  • Excellent signage and exposure
  • Loading zone access at rear of building
  • Nett income $91,120* PA + GST
  • Cleveland Train Station just 9* minutes walk

For Sale via Expressions of Interest, closing Wednesday 24 May, 4pm (AEST)

* Approximately

Building:

369m²

Land:

192m² / 0.05 acres

Floor Types:

Carpet

Floor Types:

Ceramic Tiles

Tenancy:

Tenanted

Categories:

Offices, Medical/Consulting

Share:

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

141A Queen Street, Cleveland, QLD 4163