Ray White Commercial Bayside is pleased to present to the market For Sale, 14/50-56 Sanders Street, Upper Mount Gravatt.
This property is perfect for investors achieving a 6.3% yield with the tenant being on a 2 year lease and rental increases.
Just 15 minutes south east of Brisbane's CBD, and is within walking distance of Westfield Garden City Shopping Centre and frequent bus services along the South East Busway. Close to recreational facilities and lifestyle amenity, and with easy access to 3 major arterial roads, 14/50-56 Sanders Street, Upper Mount Gravatt is perfectly positioned for future growth.
Features include:
- 183sqm* professional office space on Level 2
- Reception/waiting area, training/meeting room, additional open plan work area, 2 private offices, rear exit/second entrance, lunch room with kitchenette
- Good natural lighting
- Currently tenanted on a 2 year lease with another 2 year option, expiring on 1/4/25 at a Nett rental of $59,363.00 per annum, plus GST
- 6 exclusive basement car parks
- Full lift access - disability compliant building
- Ducted air-conditioning, phone and data cabling, carpet floor coverings throughout
The continued development of the Mount Gravatt Corridor will see the popular suburb benefit from the Brisbane Metro infrastructure project expected to commence from late 2023.
For Sale: $930,000 + GST
* Approximately
