$450,000

Dual income Main Street Investment
Quality Tenants in place
Both lease areas recently renovated and exceptionally very well
Solid brick building in CBD.

Lease 1. AXIOM Insurance & Suncorp Agency
New 3 year lease + 3 year option at $25,000 P/A year 1
Tenants will pay 50% of the outgoings.
Lease are: 18 x 6.2m = 112m2 approx
Tenant has been in business here in Chinchilla for over 12 years with current owners and over 30 years prior owner.

Lease 2. Nutrien Harcorts GDL
3 Year lease to 30/6/2023 plus 1 x 3 year option
Gross Lease and rent is indexed by CPI Annually.
Current rent is $23,874 P/A + GST and inclusive of outgoings.
Lease Area: 18m x 3.4m = 61.2m approx

Quick Sums:
Approx Net Income $25,000 + $19,500 = $44,500 P/A.

At Offers Over $450,000 this shows an SOLID ROI for any astute investor.

For further information or arrange an inspection phone Warren Daniells on 0427 468 591.

NB: Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the above details.