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SECURE CBD INVESTMENT WITH LONG-TERM INCOME

155 East Street, (aka 153 East Street) Rockhampton City presents an outstanding opportunity to acquire a fully tenanted commercial investment in one of Central Queensland's most established business precincts.

Positioned in a prominent CBD location, this well-presented office building comprises approximately 386 sqm* of net lettable area over two levels and has recently been refreshed with a modern internal fit-out and external repaint, providing an attractive workplace for its tenants.

The property is fully leased to two established businesses, with the ground floor occupied by DLV Finance on a new 5 x 5 year lease through to 2031, while the first floor is leased to On Country Management Services until April 2027, delivering immediate holding income and a diversified tenancy profile.

Returning a net income of approximately $69,500 per annum, with the landlord recovering 100% of council rates and building insurance expenses from the tenants.

Investment Highlights:
- Fully tenanted office building over two levels
- Approx. 386sqm* net lettable area
- Ground floor leased to DLV Finance until 2031
- First floor leased to On Country Management Services until April 2027
- Net income of approximately $69,500* per annum
- 100% recovery of council rates and building insurance
- Prominent Rockhampton CBD location
- Recently painted exterior with modern internal presentation
- Strong investment opportunity with secure holding income

For a copy of the Information Memorandum or to arrange an inspection, contact Jonathon Offord today.

Features

General Features

  • Land Area: 200 sqm
  • Commercial Type: Offices
  • Building Area: 386sqm

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155 East Street, Rockhampton City, QLD, 4700