SORELL TAS 7172
$1,200,000 (excl. GST)
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- BUILDING DETAILS
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- Floor area:
- On site parking available
- Return (PA):
- Land area:
- 600 - 1,000m²
- Energy Efficiency Rating:
- NABERS energy rating
- Property ID:
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- 6 Oct 2016
Freehold fully Tenanted Investement Sorell 1.2 Million
Investors or Developers Fully Tenanted
Freehold Property for sale.
Purchase now with full tenancy.
Current tenants are, Florist, and Real Estate Agent & Chinese Restaurant long leases.Chinese restaurant
with a 7 plus 7 plus plus 7 year lease
tenant has had 40 years experience in this industry.
Solid leases in place with an excellent yield.
Further options to develop another level, previous approval by council.
The site is on the main road into a growing suburb,with further development within the area being carried out,
Returns around $88,500 per Year (Plus future increases by CPI)
15 Gordon St - Projected increases.
Growth with increases
Totals: Per Year nett
Year 2016 $88.500.
Year 2017 $100.00 Year 2018 $106.000
Plus outgoings Rates Land Tax Tas Water paid by tennants.
Contact the Agent
Price: $ 1,200,000.00 ONO
Stock Value: Upon application
Net Profit: Upon application
Turnover: Upon application
Freehold Value: $ 1,100,000.00
Rented Area: All
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information