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99 Ross River Road
Mundingburra QLD 4812
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Sold on 11 Feb 2019

99 Ross River Road Mundingburra QLD 4812

  • Offices
  • 521 m²
  • Sold

A New Lease on Life! Now Returning 7% net with New 3 year lease

For Sale
$430,000

- High profile corner on Ross River Rd & Burdekin St.

- Entry level commercial with class 5 approval for professional office.

- Leased to Carers Queensland Limited with fresh 3 year lease in place.

- Returning 7% net, all outgoings paid by tenant

- Quality existing partitioned fit out with disabled access and facilities.

- Very well maintained and presented landscaping surrounds.

- More than 22,000 vehicles pass this site daily.

- Ducted air conditioning system in place.

- 140 m2 of air conditioned office space

- Additional 60 m2 of rear covered area

- On site front and side car parking

- Potential for 2 additional parks

- 2 street vehicle access

A rare class 5 approval for professional office uses on Ross River Rd ensures this is an ideal acquisition for the entry level commercial investor wanting a premium location at a highly affordable price with well above residential rental returns.

This is an excellent opportunity to purchase commercial premises with commercial returns. Ideal acquisition for a self managed super fund.

For more information, please contact exclusive marketing agents:

James Pascoe - Colliers International

Property Highlights

Date Sold11 Feb 2019
Floor AreaAsk Agent
Land Area521 m²
ParkingAsk Agent
Property ID2014571275
Category
Last updated  19 Feb 2019
Map for 99 Ross River Road Mundingburra QLD 4812

Property Highlights

Date Sold11 Feb 2019
Floor AreaAsk Agent
Land Area521 m²
ParkingAsk Agent
Property ID2014571275
Category
Last updated  19 Feb 2019

Listed by

Colliers Townsville
Call
07 4722 2444

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