Substantially renovated building in St Helens on high profile corner. This well maintained investment has a tenant who has been in place for 12 years and a continuing lease for the next 15 years. With a net rent of $72,000 per annum and the tenant funding all outgoings, a guaranteed 8.5% return is on offer. The building has been extensively updated both inside and out and the tenant is about to conduct a major fit out upgrade at their expense. The site provides for off street parking, on site accommodation and the ability to split off into multiple tenancies for further investment many years down the track. The tenant is the local newsagency and tatts outlet, an iconic business for the region and the tenant will remain on site on a 5 x 5 x 5 lease. This is an ideal investment for a Superannuation fund as the percentage return on offer far outweighs current traditional financial institution rates. Truly a set and forget property to add to a portfolio.

Contact Candice Gillies of NAI Har