For Sale via expressions of interest is this solid investment with good rental history.
The property consists of two ( 2 ) units which can be easily combined:
Unit 1: 639sqm renting at $51,200 per annum Net + GST. Long term tenant on a periodic month by month term: type of agreement ( REIQ CTA – Commercial Tenancy Agreement ) bond in place
Unit 2: 645sqm renting at $56,000 per annum Net + GST commencing 15-11-2019 with an end date of
14-11-2022: type of agreement ( REIQ CTA – Commercial Tenancy Agreement ) bond in place
Combined NLA of 1,284 sqm with income of $107,200 per annum net + GST
The property is ideally suited to an investor or owner occupier with additional income. With land prices and build costs surging this property may be purchased at or below replacement cost.
Other benefits include:
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