Local investor pays $560,000 for 194m2 Darra office/showroom and will be receiving $41,000pa in rent

by admin | 16th December 2010

A private local investor has paid $560,000 for a tenanted 194m2 office/showroom at 8/20 Archerfield Road, Darra and will receive $41,000 pa in rent on terms of 3+3 years. King & Co agent James Kenny handled the transaction while the vendor is undisclosed

The property consists of a modern tilt panel unit in a complex of 11 that enjoys good access to the CBD via Ipswich and Centenary Motorways. It comprises 105m2 of office on the first level plus 89m2 of ground floor showroom accessed via a rear roller door

It is rented by NEAMI, a national psychosocial health and rehabilitation support provider funded by the State and Federal Governments

Comments are closed.