We have owned space 145 in the Astor Terrace Car Park, Spring Hill for nearly 15 years and it has proved a sound investment.

In brief Astor Terrace Car Park has 226 strata title car spaces and is centrally located within the expanding Spring Hill business district and is also close to the Brisbane CBD.

It is very well run with staff in attendance from 7 am to 7 pm Monday to Friday and security cameras operating continuously (24 hours/7 days) throughout the car park and card keys controlling vehicle and individual access after hours.

Space 145 is for sale at $47,500 plus GST and is a very good rental investment (our most recent tenant occupied the space for almost 4 years until May this year) or a very good purchase by a business in the Spring Hill precinct for staff or client parking.

Rental rates did decline somewhat during Covid but the proposed rent for our next tenant is $300 per month plus GST (an increase of $50 per month) as the Spring Hill business precinct has recovered very well from Covid and is showing very strong growth and good demand for quality parking.

We are keen to sell so pls text 0408 725 743 or email jim.templeton@templetonwatkins.com.au for more details or to discuss any aspect.