8.25% NET RETURN - IDEAL SUPER FUND INVESTMENT - LEASED TO 2021 with options to 2027, Strong Tenant, Business on same property for last 40 years.
Phone enquiry code for this property: 1759
PRICE JUST REDUCED!
Great investment property earning a net return of 8.25% ($96,724 per year plus GST) so it is cash positive from day 1. All outgoings paid by tenant. Leased through to 2021 with two further 3 year options to 2027. CPI increases every year. Toyota dealership established at same location for over 40 years. Extremely strong tenant. A separate Used Car yard at 65 High Street Maryborough is also for sale for $179,000 which is under a separate lease to the same tenant and earning 8.25% return ($14,783 per year plus GST) and under the...
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