22 Woongarra Bundaberg Central QLD 4670
- 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.
|Floor Area||236 m²|
|Land Area||236 m²|
|Parking||6 x Onsite parkings|
|Building Type||Partial building|
|Annual Return||Ask Agent|
|Last updated||9 Jan 2020|