The Facts: Gross Rent of $30,000 + GST P/A. Current Lease expires December 2018 but Tenant will consider a new 3 year lease. Land area 2266m2 and building approx 300m2. Would make an excellent first commercial investment.
Great returns compared to residential investment properties.
Buy this property, sit & forget.
Quality tenant has been in place since 2011.
Low maintenance buildings.
Great location close to the main business area.
NB: Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the above details.