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1/9 Hutchinson Street
Burleigh Heads QLD 4220
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Sold on 16 Aug 2016

1/9 Hutchinson Street Burleigh Heads QLD 4220

  • Factory, Warehouse & Industrial
  • Sold

HIGH YIELDING INVESTMENT 8% NET RETURN

This quality food factory investment is serving up a solid 8% return on investment, securely leased to well known and long trading business 'Spit N Pieces'.

This tenant has spared no expense with an impressive fit out fully approved for food preparation including cold rooms, exhaust canopy and grease arrestor.

INVESTMENT DETAIL:

- Net Rental $46,800 per annum + GST + Outgoings
- Tenant has signed new 3 + 3 + 3 year lease commenced 01/06/2015
- Outgoings 100% paid by tenant.
- 4% annual increases.

FEATURES:

- 300 sqm fully approved food factory.
- 2 high roller doors plus entrance
- Strategic position in Burleigh Heads Industrial precinct with excellent access to M1.
- 2 parking spaces included for exclusive use.
- These often sought rarely found food factories are a high demand premises for future leasing.

PRICE: $585,000 representing 8% return on investment.

For further details and Information Memorandum contact Exclusive selling agents Towers Francis Property.

Property Highlights

Date Sold16 Aug 2016
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2012916487
Category
Last updated  19 Jun 2017
Map for 1/9 Hutchinson Street Burleigh Heads QLD 4220

Property Highlights

Date Sold16 Aug 2016
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2012916487
Category
Last updated  19 Jun 2017

Co-Agents

Chris Towers
Chris Towers
Towers Francis Property
Call
0414 298 292
James Francis
James Francis
Towers Francis Property
Call
0409 904 925

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