89 Tingal Road, WYNNUM QLD 4178
Sold on 07/12/2016
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- 7 Dec 2016
Secure Centrelink + Medicare Investment. Long Government Leases.
Highly exposed corner position close to Coles and Woolworths shopping. centres 20 mins. to CBD.
Site area: 1,201 sqm.
Net lettable area: 933 sqm + 31 basement car/loading spaces.
Commonwealth of Australia lease: 10 years from 8/11 + options.
Net Income: $621,474 pa + GST.
Attractive 4% fixed rent reviews.
Modern "as new" buildings of excellent presentation.
Extremely prominent sites, all with on-title parking.
Easily managed government investments.
Attractive taxation depreciation benefits.
Centrelink/Medicare Investments also for sale (to be sold individually):
- Narrabri NSW
- Murwillumbah NSW
89 Tingal Road WYNNUM