384 Dean Street Frenchville QLD 4701
- 455 m²
9.5% RETURN - TENANTED INVESTMENT
Available now as a tenanted investment is this 825 sqm corner allotment currently occupied by the Rockhampton Veterinary Clinic.
- approx. 335 sqm of ground floor veterinary clinic including large reception area, 3 consult rooms and surgery area.
- approx. 120 sqm of upstairs living quarters featuring a bathroom, kitchen, bedroom and lounge area.
- Total net rental of $62,000 p.a
- Lease commencement of February 2011 with 3 x 5 year options
- Tenant has been at the property since 2011 and has exercised one of their 2 options
- The property is fit out extensively with surgery equipment all owned by the tenant
- Fantastic parking at the rear and good exposure due to the corner allotment.
Solid tenanted investments are hard to find especially returning 9.5% so don't miss this opportunity. Won't last long.
- Commercial loan calculator
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