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Offmarket

Commercial Property Returning Net 7%+

Property ID: 15954165
Purchase Price $480K
Current Net Income $33,632 P.A.
Net Return 7.0% approx.

Lease until 30 June 2020 with 3 year option to renew
Annual rental increase of 4% or CPI whichever is greater

LOCATION details
26km from Capital City CBD


PROPERTY details
Approx 108 sqm of NLA
2 designated car spaces
Leased to local company that provides conservation picture framing

Contact Yujin Yeoh on 0479 191 815 for more details.

Matthew Barnes

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Type: Commercial

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Matthew Barnes

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Type: Commercial