Multi-Tenanted Freehold Investment in Strathpine
Situated on Lincoln Street, Strathpine is this 405m* site holding a 178m* retail/commercial building. The property holds three tenancies which are fully tenanted with an income of $47,740.02* PA + Outgoings + GST. It is located within close proximity to Gympie Road which allows for ease of access to the Bruce Highway and other key commercial precincts.
Key Features:
- 405m* Freehold Site
- Three Tenancies Split Across a 178m* Retail/Commercial Building
- Fully Tenanted with a Holding Income of $47,740.02* Per Annum
- 4km* from the Bruce Highway
- Located off of Gympie Road
- Ease of Access to North Lakes, Brendale & Other Key Commercial Locations
*Approximately
For further information or to arrange an inspection, please feel free to contact the Exclusive Agents at NAI Harcourts Pinnacle.
Disclaimer: 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.
The size of Strathpine is approximately 7.2 square kilometres. It has 27 parks covering nearly 17.8% of total area. The population of Strathpine in 2011 was 9,276 people. By 2016 the population was 9,512 showing a population growth of 2.5% in the area during that time. The predominant age group in Strathpine is 30-39 years. Households in Strathpine are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Strathpine work in a clerical occupation. In 2011, 73.1% of the homes in Strathpine were owner-occupied compared with 71.5% in 2016.
Strathpine has 4,889 properties. Over the last 5 years, Houses in Strathpine have seen a 83.05% increase in median value, while Units have seen a 102.24% increase. As at 30 November 2024:
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