SORELL TAS 7172
$1,200,000 (excl. GST)
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- Floor area:
- On site parking available
- Return (PA):
- Land area:
- 600 - 1,000m²
- Energy Efficiency Rating:
- NABERS energy rating
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- 16 Dec 2016
Freehold fully Tenanted Investement Sorell 1.2 Million
Expressions of Interest Invited
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,
with a 7 plus 7 plus 7 year lease
tenant has had 40 years experience in this industry.
Asking Price: $ 1,200,000.00 ONO
Real Estate Agent covering the Peninsular.
Solid leases in place with an excellent yield.
Florist will start a 2nd 3 year term in 2017
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)
The Tenants pay Rent promptly.
15 Gordon St -
Growth with increases
Totals: Per Year
YEAR 2015 $87,300.
Year 2016 $88.500.
Year 2017 $100.00
Year 2018 $106.000
Plus outgoings Rates Land Tax Tas Water paid by tenants.
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