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22 Woongarra Bundaberg Central QLD 4670

  • Offices
  • 236 m²
  • For Sale, $790,000

ROI of 8.36% in Prime Strata Titled Ground Floor Commercial Office Complex

This modern look ground floor strata titled professional office complex with a floor area of 236m2, is offered for sale, with a National tenant in place.

The property is located in a prime Central Bundaberg City location, next door to Centrelink, with great exposure to Woongarra Street.

There is a five year lease in place to June 2020, with a five year option term to follow.

Great Occupancy Retention with 100% occupancy for the past 16 years with the current owner. This investment is currently returning a net profit of over 8.36% ROI which is due to increase to 8.6% on 1st July 2020

This commercial premises is ideal for a new owner wishing to purchase a low-maintenance investment with great tenant retention, ideal location in the heart of Bundaberg with tilt-slab construction, and long-term tenants in place.

Property Highlights

Property ID2015412139
Floor Area236 m²
Land Area236 m²
Parking6 x Onsite parkings
Building TypePartial building
Annual ReturnAsk Agent
AvailabilityAsk Agent
Category
Last updated  9 Jan 2020
Map for 22 Woongarra Bundaberg Central QLD 4670
CBD Realty
2 Barolin Street Bundaberg Central QLD 4670

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