Level 2, Toowong Terraces, 31 Sherwood Road Toowong, QLD

31 Kate Street, Kedron

Affordable Freehold Investment

9 car spaces
602 m2
$1,605,000
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Description

Tewksbury Commercial is pleased to offer for sale a freehold commercial investment property at 31 Kate Street Kedron, Brisbane. The property is fully leased to METER2CASH Solutions Pty Ltd, a leading Energy Management company providing Energy Management solutions for Body Corporates. METER2CASH Solutions Pty Ltd provide metering provision and complete risk-free utility billing administration with embedded networks for Body Corporates/Owners and Developers throughout Queensland and Australia.

The property having been completely refurbished to a high standard in 2016 provides good natural light, is extremely well maintained providing modern open plan office accommodation with associated meeting room, kitchen and break-out areas etc for staff.

The upper ground floor of approximately 310m2 comprises a meeting room, open plan office with work stations, a large kitchen adjoining a lounge and breakout area together with male and female amenities including a shower.

The lower ground area of approximately 120m2 comprises a training room adjoining the rear courtyard together with a kitchenette, additional amenities and the storage area.

The building providing good natural light, is of Besser block construction, steel frame, concrete floor slabs and metal deck roofing. Additionally during the building upgrade, a 1.5KW Solar Power system was installed providing cost saving benefits to the tenant.

 Affordable Freehold Investment

 $115,644.00 p.a. + GST pa net

 Lease Commenced - 3 June 2016

 Term - 7 years

 Expiry - 1 September 2023

 Option - 5 years

As the exclusive marketing agents, we look forward to assisting you with your enquiries. Expression of Interest closing 4pm, Thursday 11th October 2018.

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