Located in Murarrie's Nautilus Business Park in the Southern TradeCoast region is this fully leased investment. Long standing business has occupied the premises for 12* years and recently executed a new 5yr + 5yr lease. Details of this opportunity include:
- 650sqm* facility located at the front of the Nautilus Business Park complex
- Occupied by ASC Pty Ltd trading as Aussie BBQ's and Fireplaces established 28* years ago
- Five (5) year lease commenced 27/08/2018 with a Five (5) year option in August 2023
- Current Net Income of $108,000pa + Outgoings + GST
- Annual CPI increases, Market Review at Option, 4 month bond in place
- Extensive high calibre fit out purposely tailored for Aussie BBQs & Fireplaces with majority showroom throughout featuring upgraded ducted a/c, BCC approved & well engineered extension, polished timber and concrete flooring, multiple bathrooms, alarm system, gas lines, fork doors from the warehouse, office, etc
- Six (6) exclusive car spaces on title including Three (3) under cover
- Sale Price: Offers reflecting 7% Net return will be seriously considered
(*approx)
Contact Exclusive Marketing Agents Jared Doyle & Jack Gwyn of Ray White Commercial TradeCoast for further information or to arrange an inspection
