$590,000

QLD Commercial Sales & Leasing Team by Mr Real Estate Rockhampton is pleased to offer 202 Denison Street, Rockhampton City to the market for SALE!!

The STANDOUT FEATURES of this site include:
- Front & Rear access
- 200m2 approx of waiting room, office & beauty rooms.
- 400m2 of rear area for storage, cars & security
- 150m2 of drive through warehouse & back alley entrance

Most of the block is undercover with a massive warehouse area & fully lockable.
(ex Rockhampton steam laundry).

LOCATION:
The subject site is superbly located in Denison Street, Rockhampton's most famous street with Railway lines & many recognised businesses in the area.
In the heart of the well known Central Business District

This site is further bolstered by its proximity too many infrastructure projects in and around Rockhampton's city.
Ring road project, city upgrade East & Quay Street, new Art Gallery. Close to Rockhampton's Rocky Nats site, Octoberfest, Beer & Wine Festival - all within walking distance.
Currently leased & subleased by the owner at around 8.6% yield.

Important note:
The owner sublets to a gym part-time, no figures available
Beauty rooms are also sub-letted on request as owner operates Beauty Business/school.
Back area for large storage items for added income to different companies

*** Disclaimer this company will be sold with vacant possession for you to organise your own leases at your own discretion. ***

BUYERS AROUND $650,000.00 Including GST.
Rates: $7,200 per annum (approx)
Insurance: $330 per month (approx)
Water usage: $300 per annum (approx)

This building has been extensively renovated and is in every way a dual purpose facility.

NEXT STEPS:
Enquire with our friendly Qld Commercial Sales & Leasing Team by Mr Real Estate.