Property Details
Units 7 & 8, 15 John Duncan Court, Varsity Lakes, QLD 4227SOLD - Property ID: 1491

2 for the Super Fund. 2 Adjoining Tenanted Investments Units. Buy 1 or Both…



Property Detail Summary
Building Area:374 - 552 m²
Occupancy:Tenanted
Parking Spaces:On site available
Sale Price:$675,000 - $875,000 (GST na)

Unit 7:

334 m² Ground Floor Area + 40 m² A/C Mezz Office.

Full height Electric Main Roller door.

Lowset Rear roller door leading to Rear Garden / Storage area.

3 phase power.

Currently Leased to for 3 Years to APT All Gas Energy P/L, commenced 1/7/16

Nett return of $44,767 p.a. (Tenant Pays 100% Outs)

4% Rental Increases annually.

$675,000 NO GST.

Unit 8:

This well equipped Concrete Tilt Up Strata titled Unit is being offered For Sale as a Going Concern with a new 5 + 5 + 5 Lease. The unit comprises the following:

Ground floor tiled showroom with A/C.

Warehouse with Full height Auto Roller Door.

Mezzanine Offices, all with A/C.

Storage Mezz.

Male & Female Amenities.

Lunch room / Kitchen

LED Lighting throughout

Ground floor Area: 374 m² + Fenced Rear Yard.

Mezzanine Offices: 101 m².

Storage Mezz: 77 m².

Total Floor Area: 552 m².

Lease Details:

5 + 5 + 5 Lease Commenced 1st July 2016 to an LED Importer / Wholesaler.

Annual Rent: $62,400 p.a. + GST + Outgoings.

All Outgoings paid by Lessee.

CPI Annual Increases with Market Review at Options.

$875,000 NO GST

Call us for details of similar properties.

Locality MapUnits 7 & 8, 15 John Duncan Court, Varsity Lakes, QLD 4227

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