The Jared Johnson & Lachlan Marshall Team are thrilled to offer this exceptional Multi Tenanted Investment Opportunity. The property is leased to a Government agency 'The Department of Agriculture & Water Resources' & National Tenant 'Rydges Gladstone' and strategically positioned in the heart of Gladstones CBD. The strong national tenants take advantage of the exposure to surrounding major retailers such as Gladstone Square Shopping Centre, Woolworths, Commonwealth, Westpac, multiple Government Agencies & Gladstone State High School.
Our seller is extremely motivated and has given very clear instructions to sell on or before public Auction.
* Significant Net income $96,139 p.a. + GST + Outgoings
* Total Net Lettable Area 725m²*
* Both tenants on long term leases with options
* Both tenants long standing - Rydges 10+ Years & Government tenant 5+ Years
* Annual rental increases
* Surrounded by National businesses on one of Gladstone's most high profile streets
* Local Economy to benefit from resource, energy, construction, transport, tourism and government projects
* Motivated seller will consider all offers
* Don't miss this rare and outstanding opportunity!
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Please contact the listing agent for more details by clicking on the link above.
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.
