Tenanted Bite Sized Warehouse 25km from Capital City
Property ID: 17106225
Purchase Price $280,000
Net Rent $19,601 pa
Net Return 7.0%
5 year lease commencing 2013 (ending October 2018) with a further 5 year option to 2023
This strata titled industrial commercial space in Queensland is leased to a tenant that teaches martial arts and has been in place since 2009.
Property located within the hub of a LGA which is one of the country's fastest growing (population set to add 120,000 people by 2031) and in demand regions, with a myriad of new infrastructure in the area such as an approved new university, completion of the nearby train line extension and an expansion of a nearby Westfield shopping centre.
Adjacent to a new university under construction
149 m2 area
Glass shopfront / entry
Ample customer parking
Kitchenette & toilet
Estimated Cash Flow Positive $52 per week*
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.