Offices for Sale

146 Bloomfield Street Cleveland, QLD 4163

Expressions of InterestUnder OfferPlay Video
  • Building: 498m²
  • Land: 1,042m² (0.26 acres)

Contact the agent if you'd like further information.

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Offices for Sale in Cleveland

OUTSTANDING INVESTMENT - 10 YEAR LEASE

  • Building: 498m²
  • Land: 1,042m² (0.26 acres)

Prominently located in Cleveland's busy CDB precinct, this freestanding, single level office building offers an outstanding opportunity to secure a quality investment property in what is considered one of South East Queensland's biggest growth corridors. Constructed to a government standard and offering disability complaint access and amenities, the building was refurbished in 2016 and presents as new.

The Tenant, Howe Ford & Boxer Accountants, are a Redland's institution. With a trading history in excess of 40 years, and a strategy for continued business growth, this team has invested heavily in a modern fitout to take them well into the next decade.

Other details include:

  • 498m2 air conditioned, office building
  • 1,042m* site zoned 'Major Centre'
  • 10 + 10 year lease commenced 1 March 2016
  • Net rent of $137,917 (1 March 2018)
  • Whole of Property Lease to HFB Accounting Pty Ltd
  • 3% Annual Increases; Review to Market at Option
  • Secured by Director's Guarantee & 3 Month Bank Guarantee

For a detailed Information Memorandum, please contact exclusive agent, Nathan Moore on 0413 879 428 or 07 3245 7199

Building:

498m²

Land:

1,042m² / 0.26 acres

Zone:

Major Centre Mc7

Floor Types:

Carpet

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Investment Information

Tenancy Status:

Currently Vacant

Current Weekly Rent:

$3,344 *

Current Annual Gross Income:

$174,366 *

Current Annual Nett Income:

$174,366 *

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

Renovated in:

2016

Council:

Redland City Coumcil

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

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

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

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

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