5 / 148 Tennyson Memorial Avenue
Tennyson, QLD 4105

This property is Unit 5 located at 148 Tennyson Memorial Avenue in Tennyson, Queensland, offered for sale as a commercial investment opportunity. It is situated within a boutique industrial estate that benefits from a high-profile location, providing excellent exposure and accessibility.

The construction of the unit features concrete tilt panel, a durable and low-maintenance building method suitable for industrial and warehouse purposes. The total net lettable area (NLA) of the unit is 227 square meters, which includes a 44 square meter office area, providing a functional space for administrative or operational activities.

The lease on the property is set to expire on 31 June 2024, with a current rental income of $50,184 per annum plus GST. The outgoings are fully payable by the lessee, making this an attractive investment with minimal landlord expenses.

Strategically located, the property is close to major train networks and approximately 7 kilometers from Brisbane's central business district (CBD). It is positioned opposite Brisbane Tennis and near the new Yeerongpilly Green Project, enhancing its appeal due to proximity to significant local developments and amenities.

This investment offers potential for steady rental income and capital growth in a sought-after industrial precinct. The unit's features and location make it suitable for businesses requiring warehouse and office space in a convenient and accessible area.

Additional property details include three dedicated car spaces, supporting staff and visitor parking needs. The property is listed as an industrial/warehouse type and is currently for sale.

Overall, this unit represents a solid commercial investment opportunity in a well-located industrial estate with good infrastructure and nearby amenities.