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unit 16 / 50-56 Kellar Street
Berrinba, QLD 4117

Offers Over $550,000

Commercial 4 cars
Listed: 6 days ago
Updated: 5 days ago
Overview

This commercial property offers a unique investment opportunity, presenting a fully leased ground floor office/consulting space with a total built area of 112 square meters.

The space is currently tenanted by a long-term occupant, Queensland Prosthetics Pty Ltd, who have resided at the location for over seven years, providing a stable income stream.

The unit features four exclusive car parking spaces, supplemented by additional street parking options, enhancing accessibility for tenants and clients alike.

Within the tenancy, practical facilities such as bathrooms and a kitchen area are included, tailored to support professional consulting activities.

Situated in a bustling commercial hub that blends retail, industrial, and office uses, the property benefits from its proximity to key amenities and transport corridors.

Berrinba Central shopping precinct is within walking distance, while major road connections including the Logan Motorway offer convenient access to surrounding regions and commercial centres like Grand Plaza Shopping Centre, located just ten minutes away.

The lease terms are favorable, with an initial period of three years plus an option for a further three years, set to expire on 1st May 2028.

Annual rental income is reported as $32,400 plus GST, with a net income of $24,977 per annum plus GST after applicable expenses, and features an annual rent increase clause of 4%.

This property is ideally suited for investors seeking a secure, low-maintenance asset with a reliable rental history in a strategic location.

Local Market Insights

In Berrinba, Quiet Listings observed 2 new commercial properties entering the market over the last 30 days, with an average advertised asking price of $625,000. The property type mix of listed properties is predominantly Land at 64%, followed by houses (21%), and commercial properties (14%). Harcourts was the most active agency monitored, representing 64.3% of all new listings monitored during the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
unit 16 / 50-56 Kellar Street
Berrinba QLD 4117
Measurements
Type Dimensions
Floor Area 112 m²
Market Insights for Berrinba QLD 4117
New Listings (last 30 days)
2
Average price
$625,000
Lowest price
$550,000
Highest price
$700,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.