6 Magnesium Drive, Crestmead, Queensland’s first authorized brothel is up on the market.

IF SEX actually does promote, this saucy funding alternative received’t final lengthy.

Queensland’s first authorized brothel has hit the marketplace for the primary time in additional than twenty years with a $900,000 price ticket.

The property comes with a tenant in-situ.

The property often called ‘Membership 26’ at 26 Magnesium Drive in Crestmead is being offered as a going concern.

The 450 sqm constructing is on roughly 1400 sqm of land and is being marketed by Ray White Marsden brokers Jamie Davey and Lauren Mackay.

“This is a wonderful funding alternative within the tightly-held suburb of Crestmead, returning 7.49 per cent, with three per cent annual will increase for the best savvy purchaser,” Mr Davey stated.

The tenant has a five-year lease.

“Membership 26 is a long-term tenant with a well-established enterprise and is at the moment on a five-year lease with an extra five-year choice.”

Whereas the thought of proudly owning a brothel might sound just a little risque, the funding returns is likely to be sufficient to sway even the shyest of consumers.

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26 Magnesium Drive, Crestmead. Brothel goes available on the market

“The tenant will present consumers with confidence, as will the present return of $67,743 internet every year, plus outgoings and GST,” Mr Davey stated.

In line with the brothel’s official web site it’s “considered one of Queensland’s top-rated brothel and pleasure homes”, the place purchasers can “get pleasure from a refreshment in an upmarket introduction lounge earlier than retiring to 1 5 decadent rooms for an out of physique expertise”.

The property is near the Logan motorway and main arterial roads, has a novel fit-out, and has safety fencing with twin lockable entrance gates.


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