Offmarket
Returning Better Than 9% Net, Long Term Tenant In Place
Property ID: 18535365
Purchase Price $675KNet Rent $61,842 p.a + GST
Net Yield 9.17%
Ongoing tenant for 32 years
Lease until September 2018
Located just a few minutes from the CBD in a rapidly growing regional centre in Qld with a well established, diverse and strong economy. The tenant has recently secured new contracts and is expected to continue to do so as the local economy continues to grow.
National brand tenant
Tenant pays Rates and Water, Owner pays building insurance $2,005 p.a.
Gross rent of $63,849 + GST
Land size of more than 1,500 m2
Building area of approximately 600m2
Includes office area
For further details call Matthew Barnes on 0430 979 900.
Matthew Barnes
Enquire NowLand Area: 1545m2
Type: Commercial
Investment Strategy: Positive Cash Flow
Gross Yield: 8.03%
Estimated Cash Flow: $56 per week
