TUCK INTO THIS PRIME INVESTMENT - NET RETURN $40,945 P.A Here on offer this main street strata retail investment located with prime pole position directly across from Sunny Side Mall.
This investment offers a strong tenure from the lessee of over 5 years who has just renewed the option for a further 5 years.
- Prime Main Street position in the centre of vibrant Murwillumbah.
- Popular location for retail tenants.
- 100sqm shop.
- Grease trap
- Impressive fit out by current tenant.
- 3 car parking space allocated on strata.
- Easy asset management
- Low outgoings
- Net income year 1 (2015) = $40,945p.a
FOR SALE BY OFFERS TO PURCHASE CLOSING 15 APRIL 2014 @ 4PM - Shops 4, 6 and 8: tenanted 3 + 3 year leases - Shop 10: vacant - NLA: 4 X 99.50m* each or total: 398m* - RPD: Lot 1 on DP 104284 Land: 493.2m* - Suit Investor/Owner Occupier - Information Memorandum available on request *approx
Large Freestanding Industrial Property * 1,808m2 of Industrial zoned land with approx 850m2 buildings
* Embracing the corners of Kay and Mayfield street
* Several offices, storage areas, amenities and much more
* Easy access and 3 phase power
* Available now
* Sale: asking $590,000 + GST
* Lease: asking $54,000 p.a + GST + outgoings