This 250m2 property, located in a secure modern complex with outstanding presentation, is available for sale with a new 5 year lease commenced July, 2015 plus two 5 year options.
Current (net) income of $34,500 per annum, indexed annually at 4%, plus outgoings paid by the tenant. Premises are occupied by a national photographic franchisor, with warehouse space of around 120m2 + 30m2 reception/office downstairs and an additional 100m2 of office/boardrooms upstairs.
The unit includes its own solar power for the tenant’s benefit, separate toilet and kitchenette facilities, high quality fit-out, separate glass entry and container height roller door.
Owner is looking for genuine offers in the 7.5% yield range.
For further information, please contact Warwick Peters at RandW Caboolture Commercial.