This investment is securely leased by the corporate Subway entity. Subway have been trading from this location for over 13 years with excellent track record and have just commited to a brand new 7 year lease with options.
This property is located on the prime corner intersection of the main road of Murwillumbah. The property is subject to high pedestrian traffic and enjoys excellent exposure directly opposite Sunnyside Mall.
INVESTMENT DETAIL:
- Net return $48,500 per annum
- Outgoings 100% paid by the lessee.
- New 7 year lease.
FEATURES:
- 106sqm NLA
- Long standing A grade tenant with outstanding credentials.
- Modern building in excellent condition.
- High end Subway Restaurant fit out.
- Prime corner position.
- 2 exclusive use parking spaces.
PRICE:
$775,000 - 6.25% net return.
This high quality investment will not last long, for more information contact exclusive selling agents Towers Francis Property