• 11.25% net return
• 10 5 5 year lease CPI increases
• New Supermarket with loading docks etc
• $100,000 pa income plus $35,027 claimable depreciation
• 450m2 building on 1354m2 land
• Central position on main road and barge terminal
• Completion March/April
This new Supermarket will be completed in March/April on Brisbane’s growing Bayside – Russell Island. The property is on the market for $1.2M and the tenant has committed to a 10 year lease plus 5 5 year options. There are 10 on-site carparks with a separate entrance for the loading area. The 450 m2 building sits on 1348 m2 of land, which will be fully landscaped. The Supermarket is centrally located on the main street on the Island with direct access to the barge terminal. Russell Island has ? hourly and hourly ferry system and Barges that service the community. There is also a full depreciation schedule available on this new building with great claimable amounts each year which results in a 11.25% net return for the first year alone. CPI increases will also need to be included in this hands free investment. There are still a large numbers of vacant land parcels to be development so growth on this Bayside Island is assured. Take advantage of the South East Queensland growth and explore this rare investment opportunity with great income & benefits. This property produces great positive income with a secure long-term tenant.
For details or an inspection call Stewart on 0433 182 457
