36 Park Road Milton QLD 4064

RWC Milton is pleased to present 36 Park Road, Milton, to the market for sale via Expression of Interest closing 20th of November 2024 (If not sold prior).

This exceptional commercial and retail property in Milton offers a rare investment opportunity with secure, long-term tenants in place across both retail and office spaces. The property features two high-profile retail tenants on the ground floor and four established commercial office tenants, ensuring a diversified income stream.

Investment Highlights:

• Total net income $259,243.20pa (Plus outgoings and GST)*. Gross return of $398,984.24*
• Total NLA - 596sqm* Freestanding retail and commercial building sitting on 809sqm* of DC2 District Centre land.
• Prime location: situated in the heart of Milton, one of Brisbane's most dynamic and sought-after suburbs for both commercial and retail activities.
• Secure tenancy mix. Most tenants have been very long-term.
• WALE of 2 years*.
• Huge undercover car park (28 cars): All car parks are currently leased either to the sitting tenants or on a month-to-month basis to surrounding businesses.
• Flood-free site
• Hugely popular Milton city fringe precinct
• Staggered lease expiries ensuring cashflow security into the future, and rental reversion potential.

* approx

This property represents a solid, low-risk investment opportunity with the potential for long-term capital growth. An ideal choice for investors looking to expand their portfolio in Brisbane's booming commercial market.

Expression of Interest Campaign closing at 4 pm on the 20th of November 2024 (if not sold prior). Don't hesitate to get in touch with the undersigned for further information.