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17 Targo Street Bundaberg Central QLD 4670

  • Retail
  • Floor Size210 m²
  • PriceFor Sale, $600,000

9% NET COMMERCIAL INVESTMENT IN THE HEART OF THE CBD

Positioned in the heart of the CBD is this freehold commercial building divided into 2 tenancies with strong lease on shop 1 and shop 2 with a new tenant and a 12 month lease, both shops with ample off-street parking for staff.

Surrounded by a diverse mix of businesses, the premises lend itself to any type of future occupants with great traffic flow and instant exposure from all other surrounding well known and established businesses.

Property Details:

Total Current Rent: $55,409 P/A + GST + 74.5% of Rates

Shop 1 Rent: $43,969 P/A + GST + 74.5% of Rates
Shop 2 Rent: $11,440 P/A + GST

Shop 1 Lease Term: 3 Years
Shop 1 Lease Commencement Date: April 1st 2018
Shop 1 Lease Expiry Date: March 31st 2021
Shop 1 Lease Option: 1 x 2 Years commencing April 1st 2021

Shop 2 Lease Term: 1 Year
Shop 1 Lease Commencement Date: December 3rd 2018
Shop 1 Lease Expiry Date: December 2nd 2019
Shop 1 Lease Option: 2 x 2 Years

Out Goings paid by Lessor except 74.5% of Rates paid by Shop 1

Land Area: 503m2

Shop 1 Area: 156m2* + 7 designated car Parks
Shop 2 Area: 54m2* + 2 designated car parks

Rates: $4,146.34 per ½ Year
Insurance: $798 P/A

*Approximate

For more information or to organize your personal inspection, call or email us today!!

The information provided is for use as an estimate only and potential purchasers should make their own enquires to satisfy themselves of any matters.

Property Highlights

Property ID2014679382
Floor Area210 m²
Land Area503 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  5 Dec 2018
Map for 17 Targo Street Bundaberg Central QLD 4670
RE/MAX Precision
255 Bourbong Street Bundaberg West QLD 4670

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