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Sold on 22 Sep 2020

384 Dean Street Frenchville QLD 4701

  • Offices
  • 455 m²
  • Sold

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.

    Jonathon Offord
    Knight Frank - Rockhampton
    Jonathon Offord
    Knight Frank - Rockhampton

    Property Highlights

    Property ID2016186284
    Date Sold22 Sep 2020
    Floor Area455 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Category
    Last updated  22 Sep 2020
    Map for 384 Dean Street Frenchville QLD 4701
    Map for 384 Dean Street Frenchville QLD 4701384 Dean Street Frenchville QLD 4701
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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.

    Jonathon Offord
    Knight Frank - Rockhampton
    Jonathon Offord
    Knight Frank - Rockhampton

    Property Highlights

    Property ID2016186284
    Date Sold22 Sep 2020
    Floor Area455 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Category
    Last updated  22 Sep 2020
    Knight Frank - Rockhampton
    Level 1/102 Bolsover Street Rockhampton QLD 4701
    Jonathon Offord
    Knight Frank - Rockhampton
    Jonathon Offord
    Knight Frank - Rockhampton

    Ask Jonathon Offord about this property

    Jonathon Offord

    Jonathon Offord

    Knight Frank - Rockhampton

    0488 *** ***
    0488 270 174

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