Issue 47 | The Property Development Review

THE PROPERTY DEVELOPMENT REVIEW

FOR SALE

17 STATION ROAD LOGAN CENTRAL LJ Hooker Commercial Brisbane are proud to present 17 Station Road, Logan Central, to the market for immediate sale, via Offers to Pur- chase, to be submitted in writing. • Strong covenant lease to The Busy Group Pty Ltd. Near New Lease until 2027 + 5 year option • Annual CPI +1% reviews, provides solid & compunding income growth. • Principal Centre Zoned. Future substantial development potential, located

SALE

Offers to Purchase

Building Area Total Ground Floor (GA) Level 1 (GB & 1A)

1,066 sqm 608 sqm 458 sqm

Site Area

2,199 sqm

Outgoings

$38,048 p.a (inc LAND TAX $5,587 p.a)

Zoning

Principal Centre

within the Logan Central Master Plan Core Area. • Find the Logan Central Planning Video here.

Parking NABERS

46 Car Spaces

• Gross Rent Ground Floor GA (608sqm) $278,425 (Gross Rent Passing). • Gross Rent Level 1 (GB & 1A) (458sqm) $206,100 (currently vacant/ potential Gross rent) • Total Gross Rent: $484,525 (Passing and potential) • Positioned within a thriving commercial hub, alongside local amenities & Centrelink. 40 metre frontage to Station Road, opposite bus & rail interchangem suitable for retail.

Exempt

Manoli Nicolas 0400 082 170 Senior Sales & Leasing Executive | mnicolas@ljhbrisbane.com.au All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.

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October / November 2023 – 101

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