155 East Street
Rockhampton City QLD 4700
$1,160,000
SECURE CBD INVESTMENT WITH LONG-TERM INCOME
155 East Street, (aka 153 East Street) Rockhampton City presents an outstanding opportunity to acquire a fully tenanted commercial investment in one of Central Queensland's most established business precincts.Positioned in a prominent CBD location, this well-presented office building comprises approximately 386 sqm* of net lettable area over two levels and has recently been refreshed with a modern internal fit-out and external repaint, providing an attractive workplace for its tenants.
The property is fully leased to two established businesses, with the ground floor occupied by DLV Finance on a new 5 x 5 year lease through to 2031, while the first floor is leased to On Country Management Services until April 2027, delivering immediate holding income and a diversified tenancy profile.
Returning a net income of approximately $72,000 per annum, the investment is further strengthened by the recovery of 100% of total building outgoings, split 50/50 between the two tenants.
Investment Highlights:
- Fully tenanted office building over two levels
- Approx. 386sqm* net lettable area
- Ground floor leased to DLV Finance until 2031
- First floor leased to On Country Management Services until April 2027
- Net income of approximately $72,000* per annum
- 100% recovery of total building outgoings including Land Tax.
- Prominent Rockhampton CBD location
- Recently painted exterior with modern internal presentation
- Strong investment opportunity with secure holding income
For a copy of the Information Memorandum or to arrange an inspection, contact Jonathon Offord today.
Features
General Features
- Land Area: 200sqm
- Commercial Type: Offices
- Building Area: 386sqm
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