7
Established Long Term Tenants
1170
1170
4 More
1170
1170
Sold
Established Long Term Tenants

Description

High yielding investment property tenanted by essential businesses
DA approved for additional shed
Combined net income: $142,837*pa + GST

  • High exposure on Old Maryborough Road
  • Surrounded by high performing essential businesses
  • Complex is 100% occupied
  • Great income upside potential with DA and plans to expand rear of property with new industrial sheds
  • Unique opportunity to own a high yielding commercial investment
  • Pialba: thriving industrial precinct only 2 minutes to the CBD
  • Tenancy 1: and 3B: GD Products – 3 year lease, one of the largest hospitality, catering and cleaning suppliers in the Wide Bay Region and continuous long term tenant – circa 15 years
  • Tenancy 2: Queensland Computers – 3 year lease
  • Tenancy 3(A): Hervey Bay Cabinet Makers – 4 year lease + 5 year option
  • Residential dwelling annual lease 4 bedroom home with a pool
  • Outgoings: total estimated outgoings $23,066 (excl. GST)
  • GD Products: fixed 3% annual rent increases
  • Queensland Computers and Hervey Bay Cabinet Craft: CPI annual rent reviews

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Address

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  • Address: 63 Old Maryborough Road Pialba (Hervey Bay) QLD
  • State/county: Queensland
  • Zip/Postal Code: 4655
  • Area: Fraser Coast

Details

Updated on August 28, 2023 at 3:24 am
  • Property ID CECI-2694
  • Property Type Industrial
  • Property Status Sold

Contact Information

Glenn Conridge

Enquire About This Property

All figures and site boundaries are approximate. All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries and obtain their own independent advice, in order to verify the information.