This investment is securely leased by the corporate Subway entity. Subway have been trading from this location for over 15 years with excellent track record. There is 5 years to run on a 7 year lease with three (3) x 7 year options.
This property is located on the prime corner intersection of the main road of Murwillumbah. The property is subject to high pedestrian traffic and enjoys excellent exposure directly opposite Sunnyside Mall.
INVESTMENT DETAIL:
- Net return $50,890 per annum
- Outgoings 100% paid by the lessee.
- 7 year lease expiring 1st September 2027
FEATURES:
- 106sqm NLA
- Long standing A grade tenant with outstanding credentials.
- Modern building in excellent condition.
- High end Subway Restaurant fit out.
- Prime corner position.
- 2 exclusive use parking spaces.
PRICE:
$865,000 - 5.88% net return
This high quality investment will not last long, for more information contact exclusive selling agents Towers Francis Property