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Balmoral, 182 Riding Road

Free Hold Fully Leased Commercial & Residential Investment!

Auction 16 Mar 2019

Listing Number: QPA6477
About this listing
NAI Harcourts are pleased to present this exciting opportunity to market For Sale Via Onsite Auction - Saturday 16th March 2019 at 12pm!

Free Hold Fully Leased Commercial & Residential Investment with current holding income of Approximately $112,784.40*pa

This property of approx 450m²* total site area holds almost 300m²* of net lettable area over two platforms.

At the rear of the block sits a modern well built 3 Bedroom 2 Bathroom townhouse, with 188m²* of professional office space located on the front of the block with great frontage to the busy 'Riding Road'.


Commercial Office;
- 188m² of total floor area across two levels
- Pofessional fit out
- Fully air conditioned
- Great exposure to the main road
- Long term tenant
- Rental return of: $76,384 + GST PA *
4 year term expires 30/11/2019 with 4x 3 year options.


Residential Townhouse:
- Modern 2015/2016 Build
- 3 Bedroom
- 2 Bathroom
- Fully Air conditioned
- Modern finishes
- Rental return of: $700pw*
12 Month lease expires 8/06/2019


This is a rare opportunity to secure a property in one of the most sought after areas in Brisbane. Walking distance to the Oxford Street precinct and Brisbane River.

Under 5km to both the Brisbane CBD, Gateway Motorway and other major arterial's.

This property will be sold on the day(or if not prior) so be there to secure a great property!
Auction date
Saturday 16 Mar 12:00 PM (On site)
Property Information
  • Floor Area: 299 sqm
  • Land Size: 450 sqm
  • Tenure: Fee Simple
  • Property Type: Office, Retail, Tenanted Investment

Contact Details

NAI Harcourts Pinnacle Aspley

Shop 9, Aspley Fountain
1344 Gympie Rd
ASPLEY
Office website

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