The Lyell Centre is in a prime location on the corner of Newcastle and Lyell Streets, Fyshwick.
Now available for sale as an investment opportunity - unit 1, 151 Newcastle Street Fyshwick.
Unit 1/151 Newcastle Street enjoys a prominent location on one of Fyshwick’s main thoroughfares. This location provides the building with exposure to high volumes of vehicular traffic, being located on one of the Fyshwick’s busiest roundabouts.
This property provides an opportunity to purchase a well presented office/showroom unit leased to a well-established tenant that is returning a 7.7% net yield. With a new 3 year lease that has recently been renegotiated at a market rental, the purchaser can be assured that they are purchasing a property at current market rental and capital value.
465m2 office unit Ground floor with mezzanine Separately air-conditioned 4 car spaces New 3 year lease in place with 3 year option with a long term tenant (20+ years)
For further information or an inspection contact Dania 0406 375 946 firstname.lastname@example.org
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