Description:
Freestanding Investment Building near Brisbane CBD. This is a rare to find three story freehold building near Brisbane CBD with solid income and great potential upside. The ground floor is fully leased to Ban of Queensland. The top floor is leased to an accountant and a lawyer and the middle floor is vacant. Owner occupy middle floor or lease out to maximise rental income.

* Current passing rent of $120,000 Approx.
* Potential fully leased income of $165,000 Approx.
* Bank of Queensland CPI increase 5 + 5 + 5 lease with no market reviews
* Entire first floor vacant for either letting or owner occupation
* Views of the city from upper floors
* Subject to the usual consent, potential for
- Conversion of upper floors to residential units
- Add more floors/space above
- Creation of a lift shaft by using the garage space
Or creation of more parking using stacker system
* Each floor self-contained with amenities
* Fully air conditioned
* Close to Central Station, CBD and Roma Park
* Close to carparks

Contact Mumtaz Saleem 0405 669 264 for further details or an inspection

Approximate Area: Office 282m
Retail 140m
Garage 18 m
Total: 440m
Location:
The inner city suburb of Spring Hill offers your business a central location with easy access to the CBD, Gateway Motorway, Brisbane Airport and Inner City Bypass. Serviced well by banks, post offices and only a 15 minute walk to Queen Street Mall, Spring Hill is a fantastic location.