17 Targo Street Bundaberg Central QLD 4670
- 210 m²
- For 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.
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
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.
|Floor Area||210 m²|
|Land Area||503 m²|
|Energy||0-star NABERS Energy rating|
|Annual Return||Ask Agent|
|Last updated||5 Dec 2018|