This freehold commercial property is underpinned by thirteen (14) commercial tenancies, with a net return of $480,000 p.a.
This quality investment has a diverse mix of government funded, national, medical and professional office businesses.
The property consists of two (2) modern, two (2) level freestanding buildings comprising of twenty (20) office suites in total.
INVESTMENT DETAIL:
- Net income $480,000
- Current occupancy 100%
- Long leases
- Annual rent reviews
FEATURES:
- Landmark commercial building
- Site area 3276sqm
- Net lettable area 2064sqm
- Multiple income streams with well weighted lease expiry's
- Low maintenance modern freehold building
- 52 onsite car parking spaces
- Onsite management.
- Excellent depreciation allowances.
LOCATION:
- Prominent corner position in Corporation Circuit, Tweed Heads South.
- 2 Minutes from M1 entrance and exit.
- 5 Minutes from Gold Coast International Airport.
FOR SALE:
By Negotiation
CONTACT:
Exclusive selling agents Towers Francis Property for full information memorandum and to arrange inspection