Retail Invesment with National Tenant Returning Net 7%+
Property ID: 16754385
Purchase price $700k
Net Rent Circa $49K
Net Return 7 %
National Retail Tenant
Tenant pays all outgoings
Suitable for SMSFs
Estimated Cash Flow Positive $100 per week*
This shop is located in a region in Queensland seeing strong economic growth whilst in the upswing stage of the residential property cycle. There is also strong capital investment in the area which includes a new public hospital as well as various other local government and residential projects in the area.
The region is continuing to grow with new housing being built in the area as well as more employment opportunities.
Lease until 18 December 2019 with additional 5 year option
175m2 floor area
Contact Yujin Yeoh on 0479 191 815 for more details.
* Figure is an estimate only based on 5% interest rate and the purchaser earning more than $87,000 p.a. Figures will vary for each individual's circumstances and you should seek advice from your accountant to obtain accurate figures for your personal circumstances.