Sale analysis for the investment property returning $130,260 12 Gladstone Rd, Highgate Hill sold by Robert Dunne and Tim Packman of the Savills Commercial Sales QLD.

1. transaction announcement
Investment Property Returning $130,260pa*
12 Gladstone Rd, Highgate Hill QLD
Sale Negotiated by:
Robert Dunne
Director
Commercial Sales
0418 888 840
Tim Packman
Executive
Commercial Sales
0431 470 873
* Approximate
Sale Price
$1,420,000
Sale Date
June 2018
Land Area
470 sq m
Net Yield
7.6%
Description
Savills are pleased to announce the sale of 12 Gladstone Road, Highgate Hill. The property is multi-tenanted diversified
income with a gross return of $130,260p.a* and a net income of $108,730p.a*. This prime-positioned inner-city holding offers
expansive Brisbane CBD views and is within walking distance of Southbank, Southbank Busway and Train Station, West End,
QUT Gardens Point Campus and Brisbane CBD. The property was sold to a Sydney based investor on a tenanted basis on
a conditional contract of sale.
Sale Summary
 Sale Price $1,420,000  Land Area 470 square metres
 Sale Date June 2018  Land Rate $3,021 per square metre
 Tenure Tenanted Investment Property  Gross Return $130,260 per annum*
 Net Yield 7.6%  Net Income $108,730 per annum*