10/50-56 Sanders Street, Upper Mount Gravatt, QLD 4122

Offices | Medical

Sold $1,000,000 - $1,000,100 Under Offer

  • Property ID: 426938
  • Floor Area: 283m²
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 28/06/2023 283m2 N/A N/A
100% Leased. 283sqm Office + 67sqm Balcony + 11 Exclusive Car Spaces

LJH Commercial are pleased to present 10/50 Sanders Street, Upper Mount Gravatt, QLD to the market for immediate sale. This property presents opportunity for both the investor and owner occupier with short term tenancy currently in place.

* 283sqm internal building area, plus 67sqm exclusive use wrap around balcony.
* Eastern aspect with abundance of natural light, and dual balcony access.
* Quality complex with refurbished foyer, and abundance of car parking.
* 11 Exclusive basement car spaces onsite.
* Fully fitted office including: Boardroom, 11 Offices/meeting rooms, lunchroom with large kitchen, open plan workstation area, storage & server room.
* 283sqm Internal Office Area.
* 67sqm Exclusive Use Balcony Area.
* 350sqm Total Area.
* Lease in place with long standing tenant Go To Court Lawyers Pty Ltd.
* Current Gross Income: $81,120 + GST per annum.
* Lease Term: 3 Years & 3 Year option. Expiry 31/10/2023 + 3 Year Option.
* Full disabled access and lifts in building. Disabled bathrooms and showers on each level.
* Walking distance to Coles Centre, Westfield Garden City, Bus Inter-change.
* Unrivalled Access. Minutes from Both Gateway Motorway and Pacific Highway.
* Contact Exclusive Agent Manoli Nicolas on 0400 082 170 or Tasmin Colquhoun on 0450 827 646 for an inspection, or further details.

Space Available: 283 - 350sqm
Price: Offers to Purchase

Location
Upper Mount Gravatt is 10km from Brisbane’s CBD. It is considered to be one of the closest business centres to Brisbane City. With its close proximity to the major arterials including the Southeast Freeway and the M1. The area is well known for its major retail and shopping centres such as Garden City and also surrounded by corporate business offices. Many companies have moved from the City to Upper Mount Gravatt for its convenience and access-friendly for both clients and staff. The area is currently experiencing further expansion with the new shopping complex and some new office developments due to demand.

Upper Mount Gravatt Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $299 ---
Offices --- $370 ---
Industrial --- $178 ---
This is the average advertised price, rent and yield for Upper Mount Gravatt, QLD 4122*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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