1/3 Michigan Drive

Oxenford, QLD, 4210

  • 2bed
  • 3bath
  • 2car

$800,000 Inclusive GST


What a great investment opportunity on offer here; Professional office currently returning around 6.5% an ideal buy for a self-managed superfund. This unique home/business concept is being offered to the market for the very first time since being built. Ideal opportunity for professionals to live and work from home. Upstairs is a residential 2 bedroom apartment that is currently rented to excellent tenants paying $420 per week, and the high exposure office below is rented to a reputable business that pays $467.50 per week in rent. The office downstairs also contains a spacious kitchenette, separate powder room, private access to the residence and another single lock up garage with plenty of client/visitor parking out the front of the building. So whether you are a professional looking to work from home, or an astute investor looking for top returns, then look no further! Downstairs Office: Direct street frontage entry - Large air conditioned 89m2 glassed office - Kitchenette and separate toilet - Single lock up garage with internal access - Excellent exposure & great visitor parking - Great corner position and high traffic volume area - adjoining 8 other residents & professional businesses. - direct residence access. Upstairs 2 Bedroom Apartment: Separate street entry - 124m2 of living - 2 bedrooms + study - 2 modern bathrooms - Open plan living & dining - Kitchen with quality s/steel appliances & ample storage - Air conditioning throughout - Front, side and rear balconies - Single lock up garage with internal access - Currently rented @ $420 per week - Private park-like common area at the rear of complex This unique residential and commercial mixed use property is one of a kind showing above 6.5% per annum return and depreciation, so come and inspect today. Close to all shops, theme parks and easy access to the M1 Motorway. Excellent high traffic volume area with great exposure for your business. Great corner location situated beside an existing shopping precinct which includes medical centre, pharmacy, caf and more professional offices.