FOR SALE
For Sale $930,000

14/50-56 Sanders Street
Upper Mount Gravatt QLD 4122

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 183m2
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183sqm* Tenanted Office Space Perfect for Investors

Ray White Commercial Bayside is pleased to present to the market For Sale, 14/50-56 Sanders Street, Upper Mount Gravatt.
This property is perfect for investors achieving a 6.3% yield with the tenant being on a 2 year lease and rental increases.
Just 15 minutes south east of Brisbane's CBD, and is within walking distance of Westfield Garden City Shopping Centre and frequent bus services along the South East Busway. Close to recreational facilities and lifestyle amenity, and with easy access to 3 major arterial roads, 14/50-56 Sanders Street, Upper Mount Gravatt is perfectly positioned for future growth.
Features include:
- 183sqm* professional office space on Level 2
- Reception/waiting area, training/meeting room, additional open plan work area, 2 private offices, rear exit/second entrance, lunch room with kitchenette
- Good natural lighting
- Currently tenanted on a 2 year lease with another 2 year option, expiring on 1/4/25 at a Nett rental of $59,363.00 per annum, plus GST
- 6 exclusive basement car parks
- Full lift access - disability compliant building
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Property Details for 14/50-56 Sanders St, Upper Mount Gravatt

Building Type
Commercial
Floor Size
183m2

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About Upper Mount Gravatt 4122

The size of Upper Mount Gravatt is approximately 4.3 square kilometres. It has 11 parks covering nearly 5.9% of total area. The population of Upper Mount Gravatt in 2011 was 8,852 people. By 2016 the population was 9,227 showing a population growth of 4.2% in the area during that time. The predominant age group in Upper Mount Gravatt is 20-29 years. Households in Upper Mount Gravatt are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Mount Gravatt work in a professional occupation. In 2011, 59.9% of the homes in Upper Mount Gravatt were owner-occupied compared with 56.2% in 2016.

Upper Mount Gravatt has 5,463 properties.

    There are currently 40 properties listed for sale, and 20 properties listed for rent in Upper mount gravatt on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in Upper mount gravatt.

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