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Shop 5 /10-16 Brisbane Street
Murwillumbah NSW 2484
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Sold on 1 May 2017

Shop 5 /10-16 Brisbane Street Murwillumbah NSW 2484

  • Shop & Retail
  • Sold

BLUE CHIP INVESTMENT LEASED TO FINANCIAL INSTITUTION

First time ever offered for sale, prime retail banking suite in the heart of thriving Murwillumbah CBD.

INVESTMENT DETAIL:

- Securely for 5 + 5 years to long standing tenant BCU credit union, financial institution.
- Lease commenced 22/11/2015
- Rental $42,545.05 net return
- 100% of outgoings paid by tenant (Fully recoverable)
- Fixed 2.5% annual rental increases.

FEATURES:

- 100sqm
- Air conditioned
- Professionally fitted banking suite.
- 3 parking onsite parking spaces at rear.
- Prime corner building on "high street" location

BCU have just won the Money Magazine 2016 Australian Credit Union of the year award, and have maintained a branch providing financial services in Murwillumbah for over three decades.

PRICE: Asking $590,000 representing 7.2% net return.

For full details and a copy of the information memorandum and inspection time, contact exclusive selling agents Towers Francis Property.

Property Highlights

Date Sold1 May 2017
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2013239741
Category
Last updated  3 Oct 2017
Map for Shop 5 /10-16 Brisbane Street Murwillumbah NSW 2484

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Property Highlights

Date Sold1 May 2017
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2013239741
Category
Last updated  3 Oct 2017

Co-Agents

Chris Towers
Chris Towers
Towers Francis Property
Call
0414 298 292
James Francis
James Francis
Towers Francis Property
Call
0409 904 925

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