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For Sale

Level 16 Lot, 270 Adelaide Street BRISBANE CITY

Investment Sale Leased to Corporate Tenant 5 x 5 with 8% return Property ID:111932

Description

Icon Place is positioned perfectly in the Adelaide Street transport corridor, in between Wharf and Creek Street. With close proximity to all amenities and public transport on the doorstep, the building provides a convenient location for all types of office users.

This offering represents a rare opportunity to purchase your slice of the CBD which boasts excellent lease terms, good depreciation benefits and excellent position.

Investment Sale

* Tenancy area of 375sqm (whole floor)
* Excellent natural light
* $220,000 PA Gross Rental
* Conveniently located to public transport, Queen Street Mall & staff amenities
* Quality tenant on new 5 year term Lease. (Oct 2017) 8% on asking

This quality investment ticks all boxes and is ideal for the Super Fund and no frills investor seeking low risk and healthy return.