189 Kelvin Grove Road Kelvin Grove QLD 4059

189 Kelvin Grove Road presents an opportunity to acquire a building and land package in a prime inner-Brisbane location. The building is currently fitted as a two-storey office building providing 475m²* of building area on a 554m²* site. It currently has a holding income until the end of 2022 of $206,487.28*p.a. + GST + Outgoings. Short term lease, perfect for an occupier or investor!

This versatile property easily accommodates for a multitude of retail / office / consulting users.

This opportunity features the following:
• 554m²* land area
• 475m²* building area situated over two levels
• Corner location with significant exposure
• Leased to Bennett + Bennett Surveyors until end of December 2022
• Net Income $206,487.28* + GST + Outgoings
• Zoned NC Neighbourhood Centre
• 8+ onsite car parks
• High quality inner-city investment with genuine value add opportunities
• Exceptional exposure and signage potential
• Immediate proximity to QUT and Kelvin Grove Urban Village

Auction: Thursday 16 June 2022, 11am
Level 26, 111 Eagle Street, Brisbane QLD.

*Approximately

For more information or a private inspection, please contact the exclusive marketing agent Michael Willems on 0412 240 176.

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.