1 Manning Street South Gladstone QLD 4680

Towers Francis Property is pleased to offer this highly exposed freehold investment at 1 Manning Street, South Gladstone for sale via expressions of interest (EOI) closing on 22/11/2024 at 12pm.

The subject property presents an exceptional opportunity to acquire a substantial, fully leased freehold asset with frontage on three streets. It is highly visible from a main arterial road, with approximately 14,000 cars passing daily.

INVESTMENT DETAILS:

Net Rental - $252,000 + Outs + GST
Lease Start - 01/06/2024
Lease Term - 3 Years
Options - 3 Years + 3 Years

PROPERTY DETAILS:

- 3,090 sqm freehold site.
- 1,800 net lettable area.
- 42 onsite car parking spaces.
- 3 street frontage.
- 170 metres of frontage.
- Airconditioned reception & offices.
- Highly exposed to a main arterial road.
- Solar panels.
- Multiple access points.

PRICE:

Expressions of Interest - Closing on 22nd November 12pm.

Price guide - $2,800,000 (9%) to $3,150,000 (8%)

Please don't hesitate to contact Towers Francis Property for further information.