Here on offer this solid tenanted investment in the Main trading Street of Murwillumbah. This freehold offering has been tenanted by Hutchinson’s Furniture, bedding & carpet specialist (Carpet Court) for over 60 years.

This prime offering is one of rarity with an excellent net return presenting approx 9%, solid tenant in place who has just signed a new 3 year lease with option.

FEATURES
- Located on the Main Street of Murwillumbah directly across from the Coles supermarket &’Sunnyside Mall’.
- Excellent exposure with strong surrounding businesses.
- Plenty of off street parking.
- Commercial building in excellent condition
- Solid construction and low maintenance

LEASE
- New 3 + 3 (commenced 01/01/2014)
- Rental $105,516 per annum + GST + outgoings
- Outgoings paid by tenant.
- Zoning – 3B General Business

PROPERTY
- Lot size = 784sqm
- Lettable floor area = approx 1300sqm
- Brick construction, colour bond roof.
- Recent upgrades by vendor include $40,000 solar panel system
- 2 Street frontages. (loading dock access at rear)

LOCATION
- Centred in the middle of the retail trading centre of Murwillumbah
- Surrounded commercial includes industry, retail & office.
- Main road location.
- Directly across the road from ‘Sunnyside Mall’ with supermarket giant Coles.

AGENTS COMMENTS
This commercial investment would suit investors or DIY super funds perfectly, with a high net return and low maintenance building its almost as easy as putting your hand out for the monthly rent.

PRICE
$1,195,000

Contact Chris Towers or James Francis for information memorandum, inspections by appointment.