Case Studies

38A Douglas Street, Milton

Asset Plus Property have secured a 3 x 3 year lease on a 300m² office building in Milton. Split over two levels, this property comes fitted with offices and a board room on the top floor, leaving an open plan on the ground floor to be used for show room or additional office space.

Vacant since the floods of 2011, changing hands between agents constantly ever since. Sean O’Connor took the property on exclusively in January 2015 and had it leased by April.

Asset Plus Property provide a full suite of property investment services who specialise in developing property portfolios for their clients to ensure they receive the highest return on investment.

Previously based on Petrie Terrace in the CBD, their need to expand became a pressing concern as their business grew.

38a Douglas Street provided them with the perfect office setup which will allow the business room to grow and have continued success in the future.

For further information, please contact agent.

Lease Analysis*
Lessee:Asset Plus Property
Annual Rental:$81,000 gross
Rate per m²:$270 gross
Lease Term:3 years
Marketing Budget:N/A
Days on Market:Vacant for 4 years
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