47-49 Elizabeth Way, Elizabeth is one of the most significant landholdings in the area offering close to 60 metres* of frontage to Elizabeth Way. This landmark site is underpinned by 1,884 sqm* of improvements occupied by high-profile tenants including NDIS, Multiple Sclerosis, Autism Association and Studio Smiles Dental which represents approximately 89% of the NLA occupied by medical service tenants. The site is strategically positioned opposite the Elizabeth City Centre, the dominant shopping precinct for the northern suburbs and is the gateway to the significant residential development occurring further north.
The property is immaculately presented with ample car parking and favourable zoning which makes this a highly attractive investment, with immense future value-add opportunities supported by the strong underlying land value.
We further highlight the following for an astute investor's review:
- 6 tenancies totalling 1,884sqm across two buildings
- Estimated net rental of $742,557p.a.*
- Predominantly leased (89% NLA) to medical services industries
- Close to 60 metres of frontage to Elizabeth Way
- Urban Activity Centre zoning
- Rear access and ample carparking
For Sale via Private Treaty: $11,250,000
For more information then please give the sole marketing agents from CBRE a call:
Ned Looker: 0448 689 573
Rhyce Scott: 0422 960 585
Oliver Grivell: 0478 069 579
