3/99 Musgrave Road

Red Hill QLD 4059

Located in the inner city Brisbane suburb of Red Hill (Qld, 4059) the property offers either an owner occupier or investor a short term lease holding income with the scope to purchase the property as a "going concern" and no attracting GST of 10% on the purchase price. Vacant possession can also be arranged.

There holding income is in place until mid 2024. Zoned for commercial use, the strata title asset is situated 2.2 km approximately from the Brisbane GPO and approximately 4.5 kilometres from the proposed 2032 Olympic Stadium.

Unit 3 is the ideal commercial or super fund investment as it is located in a tightly held and immensely popular investment precinct 1km (approx) from Brisbane Boys and Girls Grammar Schools. The unit is in a superbly elevated location with a pleasant north facing aspect. It is in a low maintenance building with highly an affordable body corporate.

Inclusions;
- 3 enclosed offices on the ground floor level
- 1 enclosed office plus a boardroom on the 1st floor level
- Kitchenette to the 1st floor level
- PWD bathroom to the ground floor level
- Open plan areas for approximately 10 workstations
- Modern Improvements with Functional Internal Fit-Out
- Remote control access to basement roller shutter door

Constructed in 2009 the improvements offer an excellent standard of presentation. An internal and external inspection suggests the building is well maintained and well kept offering a functional and well designed office environment in a highly popular inner city precinct.

Quarterly Expenses: $2,470
Quarterly Council Rates: $720.69