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3/10-16 Brisbane Street
Murwillumbah NSW 2484
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Sold on 24 Mar 2022

3/10-16 Brisbane Street Murwillumbah NSW 2484

  • Shop & Retail
  • 106 m²
  • Sold

A GRADE INVESTMENT - LONG LEASE TO SUBWAY

    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

    Property Highlights

    Date Sold24 Mar 2022
    Floor Area106 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2017585152
    Category
    Last updated  20 May 2022
    Map for 3/10-16 Brisbane Street Murwillumbah NSW 2484

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    Property Highlights

    Date Sold24 Mar 2022
    Floor Area106 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2017585152
    Category
    Last updated  20 May 2022

    Co-Agents

    Chris Towers
    Chris Towers
    Towers Francis Property
    Call
    0414 298 292
    James Francis
    James Francis
    Towers Francis Property
    Call
    0409 904 925

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