4 + 4 + 4 Year Lease Returning 9% Net, 19km from Capital City CBD
Property ID: 16945325
Purchase Price $942K
Net Income $84,780 P.A.
Net Yield 9%
4 + 4 + 4 Year Lease, First Term ends 31 August 2020
This commercial space in Queensland is leased to a tenant that operates as a hydraulic engineering consultancy. This office space located about 18 km from a Capital City CBD with immediate access to multiple major arterials and motorways. The business district itself has been proposed as a future CBD with proposed upgrades to the motorway and infrastructure nearby. The LGA is described as one of Australia's fastest growing cities. It's zoning, size and position allows for a multitude of options.
Tenant in place since 2008, company formed in 2006.
A Grade Office space
Main road exposure with signage opportunity.
Director guarantees and bond in place
Staff and customer parking on site.
Zoned Mixed Use
314 m2 floor area
Contact Yujin Yeoh on 0479 191 815 for more details.
* Figure is an estimate only based on a 5% interest rate and the purchaser earning more than $87,000 p.a. Figures will vary for each individual's circumstances and you should seek advice from your accountant to obtain accurate figures for your personal circumstances.