Taringa
SOLD
Other:
- Property ID#318924
- LocationTARINGA
- StateQLD
- StatusSold
Retail and Office Centre located in Taringa
A retail and office centre located at 188 Moggill Road, Taringa has been sold for $3.7 million, reflecting a yield of 8.69%. The property was fully leased to Supercheap Auto, Swimart and Vision Personal Training. The strong national tenants made the centre an attractive proposition. The centre was developed in 2007 by the Blair Group and was purchased by a business associated with Terry Khoo. The property is located on the left hand side of the outbound Moggill Road, ensuring easy access. Taringa is an area which will be the focus of future transit-orientated development. The sale was negotiated by Rick Bird.
Client Testimonials
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Ken Woodley
Rick acts very professionally and confidentially in all property dealings. His competent and honest handling of the matters made the negotiation process easy from our perspective.As a result of Rick’s efforts we have engaged Ray White as leasing and selling agents for other properties owned by us. I have no hesitation in recommending Rick’s services as a real estate agent of significant integrity and competence.
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Ross Nielson
Rick has handled several successful transactions for us since 1987 and he has been the most capable real estate agent that we have dealt with.Confidentiality has been preserved in all our transactions over the years and this is rare in this business. Of particular note is the approach Rick takes in terms of acting in his clients’ best interest. This has resulted in the premium for us, which in some cases has been beyond our expectation.
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