44 South Station Road
NEW 8.5 YEAR LEASE TO QUEENSLAND STATE GOVERNMENT
- 100% leased to QLD Government
- Brand new 8.5 year lease
- Fully refurbished to near new standard
- Rare opportunity to acquire a 'near new' defensive WALE commercial office asset sub $10m.
- Completely refurbished and re-positioned 1,098sqm* standalone building.
- 100% occupied by QLD State Government Department of Corrective Services on a new 8.5 year lease.
- Estimated fully leased net income of $413,280* with fixed annual reviews of 3%.
- NABERS exempt.