COMMERCIAL - 7.2% GROSS
Solid Commercial property currently under a solid lease returning $42,640 plus GST per annum (7.2% Gross). Located in a well established estate. The tenants have just signed another 2 year lease with options.
The main building is concrete block with offices, kitchen and a toilet. The rear has an attached 2-bay, 5-door steel framed extension. The land is zoned industrial and the building and driveway is sited on a 1040m2 allotment.
Have a chat to Mike Lyon about investing in Bowen.
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