Blue Chip Tenant, 7.5% Return
This commercial office space measuring approx 280m2, represents a high yielding, well located investment opportunity. With long standing federal government backed tenant (Australian Hearing) currently under lease until April 2018, it currently returns the landlord $65,612 per annum equating to a net 7.5% yield. The building is in good condition with the roof having being replaced approximately 3 years ago. Not only a better return than money in the bank, but better by double!