48 Herbert Street Ingham, QLD 4850

Sold on 25 Sep 2017
  • Building: 660m²

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Offices in Ingham

Commercial Investment at 9.875% net return

  • Building: 660m²

This ​functional ​purpose built office facility is currently leased to the Commonwealth of Australia with Centrelink & Medicare occupying through to Nov 2021 with options through to 2027. The building features 660m2 of fully air conditioned office space, including a number of partitioned offices, open plan work areas, staff rooms, disabled & shower amenities and external break out area. The office is disabled compliant with electric glass sliding doors and complies with the​ tenants`​ stringent security requirements such as swipe card readers. The​re is a sealed car park at​ the rear of the property​ for 23 cars secured​ ​by ​electric gates a​long with​ 2​ ​x undercover parks​ secured by an​ electric roller door​ with a driveway along the side of the building providing access to both facilities.​ The property has been meticulously maintained and presents in excellent condition.

Land Area: 2,023m2
Building Area: 660m2
Leased till Nov 2021 with options through to 2027
Leased to Centrelink & Medicare
Currently Returning: $316,276* pa net plus GST
Sale Price: $3.2M (Going Concern) 9.875% net return

For further information please contact Ray White Commercial for a detailed Information Memorandum.
John Dwyer 0439 034 010
Adrian Pascoe 0417 622 240
Graeme Russell 0448 410 067

* approx



Floor Types:



Offices, Medical/Consulting