Beachfront Commercial Property Returning 7%
Property ID: 18692735
Purchase Price 570K
Net Rent $40,000 PA
Net Return 7%
Tenant pays all outgoings
- Lease start date: 1 July 2016
- Term 3 years
Offering great returns, this shop is located in a region seeing strong economic growth whilst in the growth cycle of the residential property cycle.
There is also strong capital investment in the area which includes a new public hospital as well as various other local government and residential projects in the area.
The region is continuing to grow with new housing being built in the area as well as more employment opportunities.
- Floor area: 91 m2 approx
- Grease trap
- Exhaust and LPG gas connections
- Main road exposure
Contact Matthew Barnes on 0430 979 900 for more details.