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$1,500,000 NO GST APPLICABLE, GOING CONCERN
STILL PAYING FULL RENT, NO COVID REDUCTION
*STAMP DUTY ON THIS PURCHASE IS TAX DEDUCTIBLE IMMEDIATELY!!! ATO RULING PRECEDENT IN PLACE
Unit 107.3A, 2-6 Leonardo Drive, Brisbane Airport, 4008, QLD
RENEWED 10 YEAR LEASE (7yx2yx1y)
8% Net Yield
Net Rent = $120,533.40
Lease Start Date - 10/03/2019
Lease Expires - 09/03/2026
7 Year Lease with a 2 Year and a 1 Year option
CPI Yearly Increases
Tenant in place for 10 years, Wanted to stay and Renewed Lease
NO RATES OR LAND TAX PAYABLE EVER!
Tenant is Responsible for all Outgoings (Water, Electricity and Body Corp)
9 Car Spaces Included + Public parking for all
*Depreciation Schedule Included in Sale
($29,000 in Depreciation Deductions for FY17-18)
Government Tenant has spent over $150,000 on their corporate fit-out and being a Government Tenant, it is of the highest standards and quality with swipe card access and security system installed.
The complex and buildings are 10 years old with the Government Tenant occupying the property since it's completion in 2009.
CASA, Water Authority and Federal Police are other Government Tenants in the Precinct.
Property is located in the Da Vinci Business Park, Brisbane Airport Precinct, Unit 107.3A. 2-6 Leonardo Drive
Ground floor Tenancy totalling 303sqm.
Enquire Now for more information and IM.
The Phone Code for this property is: 65403. Please quote this number when phoning or texting.
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
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* The above information is the average for each state in Australia For more details about loans, please send us an enquiry.
Disclaimer: Currency shown is based on currency conversion, please refer to actual currency price of the property.