38-40 BUTLER STREET Tully QLD 4854

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.