3/47 Watts Drive VARSITY LAKES QLD 4227

496 m2
SOLD - $3,900,000

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Sold by Team Grbcic

The Most Secure Investment Opportunity on the market.

Tony Grbcic and Adam Grbcic from Kollosche Commercial are excited to present to the market 3/47 Watts Drive in Varsity Lakes.

This investment opportunity provides an investor a secure investment opportunity with;
- long lease tenure
- secure and well established tenant
- fixed annual reviews ensuring growth over the term

Situated on the top floor of a waterfront commercial building, this opulently fitted commercial office offers the following key property features;

- Internal Area: 496m2
- 10 Basement Parking Spaces
- 5 Exclusive Podium Bays
- A grade fit out which was purpose built to suit the current tenant and offers the highest standard of craftsmanship and designed with floor to ceiling glass and allowing outstanding views over the lake from all working areas.

Offering a blue chip investment opportunity, the key investment features include;
- 12 year lease expiring December 2027
- Current Net Income of $230,000 + GST and 100% outgoings
- Tenanted by Advice First which is one of Queensland's most established financial advisory firms (41 years)
- Last rental review was assessed my HTW Valuations 18 months ago and therefore represents and arms length current market review relevant to current market conditions

The Property has been fitted to suit the business and any future growth. The business represents a strong lease covenant and is a business robust to any economic conditions or market shifts. This is a investment opportunity to defines a set and forget property for your portfolio and we encourage your involvement in the sales process.

For more information, please contact either Tony Grbcic or Adam Grbcic for more information.

Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

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3/47 Watts Drive

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