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Investment Property With A Grade Tenant
Investment opportunity knocks in a regional location with a long term lease to a national tenant. 9% + return on passing rent.
Tenant details:
- Blue chip tenant: Silly Solly's
- Net rent: $41,200pa* + Outgoings + GST
- Outgoings: $7,800pa*
- Start Date: 1st August 2018
- Term: 3 x 3 x 3 years
- Annual increase 3.5%
- Information Memorandum on request
Building attributes:
- Building area: 598sq m*
- Land area: 690sq m*
- New insulated roof with warranty
- Block construction
- Air-conditioned showroom
- Two (2) roller doors at rear with loading bay access
- Manager's office
- Toilet, staff room with kitchenette
- Corner location with high sign exposure
For Sale - Offers Over $450,000
For further information or an inspection please contact exclusive marketing agents:
Luca Reynolds - 0422 777 074
Dave Tyson - 0427 146 327
(*Approx.)
Tenancy | Sale Type | Price | Area | Status |
---|---|---|---|---|
n a | Offers to Purchase | Offers Over $450,000 | 598.00sq m | Sold |