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Summary

2934 Logan Road, Underwood QLD 4119

Sold
Industrial/Warehouse

Description

Quality Freehold Investment for Sale

Chase Commercial is proud to present this secure, highly tax effective investment property to the market for sale. Boasting exposure to thousands of cars per day with direct street frontage to the highly sought after Logan Road retail precinct, your search for security and peace of mind is over.

Key features include:

– Net Annual Rental $130,000 + outgoings + GST
– Brand new 5 + 5 year lease to Carpet Court
– Underpinned by a secure 3 month bond/BG + Director & personal guarantees
– Highly exposed property in close proximity to major national companies
– Close neighbours include Aldi, Big W, Mcdonalds, Woolworths and Bunnings
– Great building depreciation/tax benefits as well as newly installed A/C & solar
– Recently constructed (2009) concrete tilt panel building with ability to strata title (STCA)

Rarely does such an amazing, blue chip opportunity come to the market. This property has everything the astute investor could ask for, with a great tenant, prime Logan Road location, security and circa $35,000 year 1 tax depreciation benefits, this property will not last long on the market. We invite you to contact Chase Commercial’s sales & leasing specialist, Jordan Cross for a copy of the information memorandum or to arrange a private inspection.

Features

Category Industrial/Warehouse
Floor Area 850 m²
Carparks 10

Map

What Our Clients Say​

Click for Testimonials from Chase Commercial Clients
It is obvious to us that Chase Commercial do know and understand the commercial property market in Brisbane from their many years in this business. We have no hesitation in recommending them to you if you are looking to buy, sell, lease or manage a commercial property.

Thank you, Tom and Rod and the entire Chase team, for your professional work on Drummond Woolloongabba's new home.
<div class="popout-drummond">Mark Abeyaratne</div>
Mark Abeyaratne
Managing Director, Drummond Golf
I have now sold two child-care centres through Rod Brown and Chase and because of their success in these challenging economic times I have been comfortable recommending their services to my own clients. After a well-planned marketing campaign, an excellent price and terms were achieved.

The Vitanza Group of Companies and its board of Directors would not hesitate for a moment in recommending the services or Chase Commercial and in particular, Rod Brown no matter what the task.
<div class="popout-williambuck">Paul Copeland</div>
Paul Copeland
Director William Buck Pty Ltd
We engaged Chase Commercial to lease our commercial property in Wooloongabba.Chase’s asset management team got involved and project managed a refurbishment of the property that significantly increased the presentation of the property. This recommendation and high level involvement from the asset management team resulted in securing a national tenant on a new 10 year lease. We are thankful for their input and management of the whole process.
<div class="popout-guzman">Humberto Maradiegue</div>
Humberto Maradiegue
Non-Executive Director, Guzman Y Gomez

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We engaged Chase Commercial to lease our commercial property in Wooloongabba.

Chase’s asset management team got involved and project managed a refurbishment of the property that significantly increased the presentation of the property. This recommendation and high level involvement from the asset management team resulted in securing a national tenant on a new 10 year lease. We are thankful for their input and management of the whole process.

Humberto Maradiegue
Non-Executive Director, Guzman Y Gomez

“I have now sold two child-care centres through Rod Brown and Chase and because of their success in these challenging economic times I have been comfortable recommending their services to my own clients.

Selling these properties was a major decision particularly as a family member was working in one of our centres. It was very important that this sensitive process was handled in the correct manner. After my decision was made to divest, I accepted the recommendations from Chase and I am confident my family made the right decision.

Chase Commercial’s professionalism, attitude, reliability and consistent communication made the entire listing and process not only efficient but also worry free. We are grateful to all the staff at Chase Commercial for their hard work and commitment and have no hesitation in recommending the services of Rod Brown and also the entire company. Chase will be my first point of call for Real Estate dealings I have in the future.”

Paul Copeland
Director, Business Advisory William Buck

As the Drummond Golf Managing Director from 2002 to 2015 and over 40 years business experience and ownership in this industry. I am pleased to write this testimonial in recognition of the high-quality service received from Chase Commercial. ironically, I do this in my semi-retirement to a commercial real-estate agent for the very first time. Such was the impact of the quality of service I received from them.

The testimonial relates to Drummond Golf and Big Swing Golf Australia’s new Flag Ship Brisbane Store relocated to 18 Ipswich Road Woolloongabba.

I write to confirm our satisfaction with Chase Commercial as an organisation and the way they co-ordinated their Asset Management Division and the leasing team with the relocation of our new inner city Brisbane super store. Relocating a business of our size after several decades at the previous site was not an easy decision to make. We couldn’t be happier with our decision to move, in particular dealing with the team at Chase Commercial made it a smooth transition.

Tom McCafferty and Managing Director Rod Brown made the move all that easier by demonstrating excellent competence and support in both the negotiation process of the new lease and the facilities management of the property. We are very pleased with the move and have been particularly impressed with their aftersales follow up. Too many agents these days are only interested in getting a deal done. However, Rod was always prepared to take my calls and was keen to help get the best possible outcome for us at our new home at 18 Ipswich Road, Woolloongabba.

Chase Commercial as an organisation demonstrated not only high levels of professionalism but also an acute and thorough understanding of the entire leasing and property management process from start to finish. The Property Management Division lead by Tom McCafferty serviced our needs and nothing was too hard for him and his team. The timing of our relocation was critical for us so the prompt responses to our requests and requirements made for a timely opening. They kept in regular contact with management and worked hard to achieve the best possible outcome. l was impressed with their attention to detail and ease with which information was provided to our company. They exceeded all our expectations.

It is obvious to us that Chase Commercial do know and understand the commercial property market in Brisbane from their many years in this business. We have no hesitation in recommending them to you if you are looking to buy, sell, lease or manage a commercial property.

Thank you, Tom and Rod and the entire Chase team, for your professional work on Drummond Woolloongabba’s new home.

Mark Abeyaratne
Managing Director, Drummond Golf