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Sold on 25 Sep 2019

38-40 BUTLER STREET Tully QLD 4854

  • Shop & Retail
  • 613 m²
  • Sold

INVEST COMMERCIALLY @ TULLY

    COMMERCIAL INVESTMENT OPPORTUNITY NOT TO BE MISSED.

    Prominently positioned in the heart of Tully's main business precinct. 2 fully tenanted, main street frontage shops + 2 fully tenanted, residential units all of which can be accessed from the main street or via a shared rear driveway.

    With 4 tenancies in place, this viable commercial property is currently achieving a combined gross rental return of approximately $4,030 per month. The 4 separate tenancies are individually metered for electricity with each tenant responsible for payment.

    SHOP 1: Hair on Butler & The Barber Shop + Laurice McGowan Spray Tanning (one stop beauty!) - long term tenants since pre 2009.

    SHOP 2: FNQ Accounting - tenancy commenced 1/7/17.

    UNIT 1: 2 Bedroom unit (partially furnished) - tenanted on a week to week basis with current tenant occupying the unit since 22/12/18.

    UNIT 2: 1 Bedroom unit - same tenant since 2013.

    OUTGOINGS CURRENTLY PAID BY OWNER:

    Rates - current half yearly rates approximately $4000
    Insurance - current annual insurance approximately $3,600
    Water charges - included in rates

    An astute investor should not miss this opportunity!

    Contact Sharon on 0438 688 128 or Lynda on 0429 968 833.

    Sharon Spicer
    Spicer Property Sales
    Sharon Spicer
    Spicer Property Sales

    Property Highlights

    Property ID2012991212
    Date Sold25 Sep 2019
    Floor AreaAsk Agent
    Land Area613 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Category
    Last updated  26 Sep 2019
    Map for 38-40 BUTLER STREET Tully QLD 4854
    Map for 38-40 BUTLER STREET Tully QLD 485438-40 BUTLER STREET Tully QLD 4854
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Sharon Spicer
    Spicer Property Sales
    Sharon Spicer
    Spicer Property Sales

    Property Highlights

    Property ID2012991212
    Date Sold25 Sep 2019
    Floor AreaAsk Agent
    Land Area613 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Category
    Last updated  26 Sep 2019
    Spicer Property Sales
    Po Box 225 Mission Beach QLD 4852
    Sharon Spicer
    Spicer Property Sales
    Sharon Spicer
    Spicer Property Sales

    Ask Sharon Spicer about this property

    Sharon Spicer

    Sharon Spicer

    Spicer Property Sales

    0438 *** ***
    0438 688 128

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