245 MUSGRAVE STREET Berserker QLD 4701

Returns 8% and Located in a high profile location with a magnificent frontage to busy Musgrave Street. That is one of the highest traffic flow areas in Rockhampton.
These four brick shops are all leased to high profile tenants with the following returns
Shop A - Money three cooperation limited paying $15000 p/a
Shop B & C - Love Heart Atomic paying $31800 p/a
Shop D - Dress Maker Bridal Wear paying $12000 p/a
This is a total gross return of $58800 p/a - The existing owner is not registered for GST and rentals include outgoings.
The owner has quoted insurance at $2871 and rates at $9410.40 p/a
The statutory only proved land valuation on the vacant land is presently $270000