Suite 2/ADDS Building Gladstone Road Biloela QLD 4715

• Corporate lease in place until March 2027.
• Nett return $20,168.59, returning 10% net.
• Freehold area 120 square metres, located in the CBD of Biloela with frontage to Gladstone Road, this commercial property is part of the ADDS Professional Suites.
• The lowset complex was constructed circa 1973.
• ADDS is the acumen for Accountants, Doctors, Dentists, Solicitors and the complex is still home to a medical centre, law practice and dental surgery.
• The busy Kariboe Court Shopping Centre and Biloela Shoppingworld.
• Income: Gross rent $27,054.42 exclusive of GST.
• Expenses: Total annual expenses $6,885.83 comprising; Body Corporate fees $2,205.00, Council rates $3,493.96 and Insurance $1,186.87.