Christmas Rush for Inner City Investment

by admin-king | 13th February 2015

Unit 9 at 104 Newmarket Road, Windsor went under the hammer prior to Christmas in the King & Co auction rooms at Woolloongabba.

In the weeks leading up, the 360m2 modern concrete tilt panel office/warehouse located in a tightly held vibrant complex,   had sparked a high level of interest amongst investors who saw an outstanding investment opportunity to complement their investment portfolio . Despite the tense competition in-house, it was a phone bidder who submitted the winning bid of $680,000.

The tenant, The Print Bar, a trusted Australian owned and operated t shirt printing company, making BRW magazines top 100 Australian growing companies in 2014. Their website enables you to easily design, create and order your own high quality custom t shirts online for businesses, promotions, events, festivals, fashion labels, bands, family reunions, cruises, gifts and much more, is the tenant onsite with a 3 year lease in place with a further 3 year option.

The auction followed a brief campaign by Tracy James who has had much success in Brisbane’s  inner North for King & Co Property Consultants

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