Red alert RaboBank is the tenant: “Calling all retirees and super funds”
Name your percentage and terms and I will present the offer. (For example, this property would be great buying at %? Do me up a contract at $……………)
The property is in excellent condition and fully maintained by the tenant.
This building boasts:
* 16/03/2016 signed 2 x 3 year lease.
* National Tenant.
* $46,000 net to you first year.
* CPI rises.
* Same tenant for the last 6 years.
* Tenant pays all out goings and maintains the property no cost to you.
* High traffic flow Street.
* Internal 224sqm retail space plus 60sqm storage.
* 6 off Street, customer parks.
* 976Sqm lot Zoned commercial.
* Security camera and sensor system air-conditioning.
Compared to a house at $600,000 at a rent of $600.00 per week less cost rates, insurance, building maintenance, gardens maintenance and agency fees it would return net approximately 3.8% ouch!
Email or call the listing agent John Pappalardo on 0427875396 for the next available inspection opportunity.