Five year old purpose built 75 place, 5 room facility, long leases in place, well established tenants. Current gross rental is $122,664. Tenant pays all outgoings other than land tax.
* 8% + yield * North Brisbane location
* Long lease comm “04″ * Huge depreciation benefits
* Suit passive investor * 2056m2 land
* Only $1,400,000
For further information or inspection call Simon Morris on 0407 000 076 or email simon.brisbane@randw.com.au