The opportunity exists for the Astute investor to purchase a secure freehold investment with a 5 year lease guaranteed by an ASX listed company.
The Key Features are:
- Leased to Black & White Cabs Pty Ltd (lease guarantee by ASX listed company P2P Transport) on a 5 year lease from the 1st January 2019.
- Black & White Cabs have been in occupation for over 20 years.
- Prime freehold corner site of 1,292m2 improved by a 324m2 office building (built 1996) with 19 carparks.
- Current Net Income of $54,960.00 p.a. + GST.
- Lessee pays 100% of outgoings.
- Fixed Annual Increases of 3% per annum.
Expressions of Interest Closes 6th April 2019 @ 5pm.
For further information contact Markus Eames of LJ Hooker Commercial on 0407 388 856.