This property represents an excellent secure investment. Freehold titled with over 3000, m2 of land the property is leased for 10 years with annual net income of approximately $156,000 p.a. Plus outgoings.

Situated on princess Street the property has high visual exposure and is spositioned in an improving area with other developments approved and mooted for com-mencement in the subject property vicinity, and neighbours Bridgestone tyre outlet amongst others.

A modern state of the art automated car wash facility the tenants have expended over $300,000 in recent times upgrading to a fully automated system and consi-derable on site displays.

Tenants pay outgoings with rent reviews annual to the C.P.I. The lease expires 31/8/2017 plus 2 x 5 year options .

Tobe auctioned April 16th in our brisbane South auctin rooms . “Unless sold beforehand”
Details: Glenn Conridge on (0413) 873 337..