With a high profile national tenant this fully leased investment offers a suburb entry level commercial property opportunity. Located in the heart of the Gladstone CBD, the building sits on an large 1,180m2* site with future redevelopment potential.
Passing rent $77,681pa*^ + GST + Outgoings
Current lease expires 31/1/2027
InvestBlue: National financial planning firm with offices across the eastern states of Australia.
Dominant 1,180m2* site, zoned 'Principal Centre', with two street frontage
Circa 375m2* floor area across two levels
Impressive professional office fit-out. Circa $1m+ capital expenditure by previous oil & gas industry tenant.
Highly sought-after, Library Square location with high levels of foot traffic
Surrounded by Gladstone Entertainment and Convention Centre, Gladstone City Council Library, major banks and industry players.
*Approx
^As at February 2024
The size of Gladstone Central is approximately 3.1 square kilometres. It has 13 parks covering nearly 13.8% of total area. The population of Gladstone Central in 2011 was 1,530 people. By 2016 the population was 1,552 showing a population growth of 1.4% in the area during that time. The predominant age group in Gladstone Central is 20-29 years. Households in Gladstone Central are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gladstone Central work in a professional occupation. In 2011, 36.5% of the homes in Gladstone Central were owner-occupied compared with 25.7% in 2016.
Gladstone Central has 2,264 properties.
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