2/37 Musgrave Avenue, Labrador, QLD 4215

Retail | Offices

Leased

  • Property ID: 427012
  • Floor Area: 108m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Leased 23/04/2024 108m2 N/A N/A
HALF RENT ON FIRST YEAR - PRIME RETAIL / MEDICAL / OFFICE LOCATION

Previously occupied by a general practice doctors clinic / medical center with an expensive fit out to utilize as needed. Turn-key opportunity for most allied health services or switch to retail or offices.

Features:
- 108m2 Ground floor Medical / Retail / Office Space
- Expensive fit out
- 7 individual rooms
- Reception Area
- Kitchenette
- Shared bathroom facilities
- Free customer and staff parking
- AVAILABLE NOW

Incentive Rental at 50% Offered on the NET rent for 5+ year head lease term:
Year 1: $31,2000pa + Outgoings + GST* (Discounted at 50%)
Year 2: $62,400pa + Outgoings + GST (Market Rental)
Year 3+: 4% Annual Increases

Excellent position on main road. Located within a busy neighbourhood precinct Surrounded by caffes and local shops.

For further information or to book an inspection contact Daniel Pirrone-Cook !

Labrador Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $10833 --- ---
Retail --- $508 ---
Offices $5774 $450 7.79%
This is the average advertised price, rent and yield for Labrador, QLD 4215*

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

Days on Market data for Retail in QLD for Lease

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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