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.