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Sold in Oct 2024

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PRIME NORTHGATE TENANTED INVESTMENT

1/28 Ridge Street, NORTHGATE, QLD, 4013


  • 405 sqm
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PRIME NORTHGATE TENANTED INVESTMENT

1/28 Ridge Street, NORTHGATE, QLD, 4013


  • 405 sqm

PRIME NORTHGATE TENANTED INVESTMENT

Property ID: L5100153 |

  • 405 sqm

"Totally refurbished property offering excellent presentation and professional fit-out in place on two 3x year Leases. Occupied by a Health/Medical Tenant and a highly successful Hairdressing shop. This Investment offers secure income and potential to increase the income over the years.

Both leases are 4% - 3.5% respectively, and increasing annually and the tenants pay all recoverable outgoings.

Shop 1
- 82sqm
- 3 Years
- $33,000pa + GST + OUTS

Shop 2
- 97sqm
- 3 Year Lease
- $37,500pa + GST + OUTS

Other features include:
-Amenities on site-kitchen area, shower/bathroom
-Air conditioned
-NBN connected
-Excellent Street parting
-Great location

Northgate is situated north of the Brisbane CBD. It offers exceptional access to all northern arterial routes as well as easy access to the gateway motorway, port and airport. Northgate is 3km* North-West of Brisbane Airport and 11km* north of the CBD, making it one of the most sought after industrial suburbs in all of Brisbane.

For more information or to arrange an inspection, please contact Myles Lawler or Paul Dugan of Dugan & Co Property. "

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Sold in Oct 2024