113 Heeney St Chinchilla QLD 4413

Dual income Main Street Investment
Quality Tenants in place
Both lease areas recently renovated and exceptionally very well
Solid brick building in CBD.

Lease 1. AXIOM Insurance & Suncorp Agency
New 3 year lease + 3 year option at $25,000 P/A year 1
Tenants will pay 50% of the outgoings.
Lease are: 18 x 6.2m = 112m2 approx
Tenant has been in business here in Chinchilla for over 12 years with current owners and over 30 years prior owner.

Lease 2. Nutrien Harcorts GDL
3 Year lease to 30/6/2023 plus 1 x 3 year option
Gross Lease and rent is indexed by CPI Annually.
Current rent is $23,874 P/A + GST and inclusive of outgoings.
Lease Area: 18m x 3.4m = 61.2m approx

Quick Sums:
Approx Net Income $25,000 + $19,500 = $44,500 P/A.

At Offers Over $450,000 this shows an SOLID ROI for any astute investor.

For further information or arrange an inspection phone Warren Daniells on 0427 468 591.

NB: Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the above details.