This investment property has a government funded tenant on a new 3 x 3 year lease.
This 178m2 space has a modern well designed floor layout fully fitted out premises and is in a central and accessible location in the Hervey Bay CBD.
Not for profit tenant - annual net rental of $44,500 plus GST and outgoings. With a new three year lease starting on the 1st February 2022, with a further three year lease option.
Net Return of 7.2%.
The Fraser Coast region is famous for its beautiful natural surrounds and superb lifestyle activities. The region boasts the closest access point to Fraser Island, one of the most spectacular holiday destinations in Australia. Tourism is a major economic driver for the region, with passenger numbers at the Hervey Bay airport now in excess of 210,000 per year and increasing constantly. With local development activity skyrocketing in the last few years since the addition of the jet-capable airport, Hervey Bay is well positioned to continue this trend long into the next decade.
For further information or inspection please contact Win Projects on (07) 4124 4941
