31 Ashgrove Avenue,
ASHGROVE,
QLD 4060

Suburb
Property Type
Medical/Consulting
Car Spaces
7
Area
292sqm
Status
sold
Property ID
169851

FULLY LEASED CHARACTER ASSET!

Elders Commercial Brisbane are pleased to present to the market for sale 31 Ashgrove Avenue, Ashgrove. Very rarely do blue-chip investment opportunities come to the market within such close proximity to the Brisbane CBD. The property boasts a secure rental return underpinned by high-performing allied health and beauty tenants. The opportunity comprises two (2) extremely well maintained freestanding commercial character buildings, with high quality external finishes and excellent natural light throughout. Additionally, 31 Ashgrove Avenue is positioned just a stone’s throw from Ashgrove Woolworths, Ashgrove Coles and other high-performing office, retail and medical operators.

Key features of the property include:

– 292m2* NLA across three (3) tenancies
– 599m2* land parcel with 37m* frontage
– Net income approx. $158,112p.a. + GST*^
– Income underpinned by blue-chip covenants
– Onsite parking for up to seven (7) cars
– Staggered tenant expiries providing future value-add
– Ease of access to public transport & major thoroughfares

This is a genuine opportunity for all investors wanting to own a securely long term tenanted asset in a sought after locale. For more information or to organise an inspection, please don’t hesitate to contact your EXCLUSIVE Elders Commercial Agent today.

*Approximately
^as at 06/11/2023

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