43 Dalrymple Road, Garbutt, QLD 4814

Offices | Medical

Sold

  • Property ID: 445937
  • Floor Area: 1564m²
  • Land Area: 3720m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 20/08/2024 1564m2 3720m2 Contact Agent
Quality Commercial Office Facility - 100% Tenanted Investment

Ray White Commercial is offering for sale by expressions of interest, 43 Dalrymple Road, Garbutt QLD 4814.

The subject property comprises a multi tenanted commercial building currently configured as professional office space,
currently being 100% leased to Abilities NQ (NDIS provider) with a lease till mid 2027 and 2x 5 year options available.

The well presented property comprises a 3,720m2 site and is improved with 1,564m2 of professional office space with ample onsite covered and open car parks.

The site features a high profile corner location with drive through capability and close proximity to major local government and ergon service providers.

The subject building features 2 separate tenancies, that allows for flexibility for future leasing options. The building offers ducted air-conditioning, male, female and disabled amenities & internal and external lunch areas.

The lease represents an outstanding opportunity for the astute property investor.
Current gross rental: $291,747.50 pa gross plus GST ($188m2).
Outgoings: $53,958.24 pa approx.
Net return: $237,789.26 pa net plus GST (approx.)

The property is being offered for sale by offers to purchase.

Contact Ray White Commercial Townsville today for further information.

Garbutt Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $2629 $197 7.50%
Offices $1749 $232 13.29%
Retail --- $307 ---
This is the average advertised price, rent and yield for Garbutt, QLD 4814*

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:

  • 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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