SOLD
38-40 BUTLER STREET, Tully, QLD 4854
INVEST COMMERCIALLY @ TULLY
COMMERCIAL INVESTMENT OPPORTUNITY NOT TO BE MISSED.
Prominently positioned in the heart of Tully's main business precinct. 2 fully tenanted, main street frontage shops + 2 fully tenanted, residential units all of which can be accessed from the main street or via a shared rear driveway.
With 4 tenancies in place, this viable commercial property is currently achieving a combined gross rental return of approximately $4,030 per month. The 4 separate tenancies are individually metered for electricity with each tenant responsible for payment.
SHOP 1: Hair on Butler & The Barber Shop + Laurice McGowan Spray Tanning (one stop beauty!) - long term tenants since pre 2009.
SHOP 2: FNQ Accounting - tenancy commenced 1/7/17.
UNIT 1: 2 Bedroom unit (partially furnished) - tenanted on a week to week basis with current tenant occupying the unit since 22/12/18.
UNIT 2: 1 Bedroom unit - same tenant since 2013.
OUTGOINGS CURRENTLY PAID BY OWNER:
Rates - current half yearly rates approximately $4000
Insurance - current annual insurance approximately $3,600
Water charges - included in rates
An astute investor should not miss this opportunity!
Contact Sharon on 0438 688 128 or Lynda on 0429 968 833.
Prominently positioned in the heart of Tully's main business precinct. 2 fully tenanted, main street frontage shops + 2 fully tenanted, residential units all of which can be accessed from the main street or via a shared rear driveway.
With 4 tenancies in place, this viable commercial property is currently achieving a combined gross rental return of approximately $4,030 per month. The 4 separate tenancies are individually metered for electricity with each tenant responsible for payment.
SHOP 1: Hair on Butler & The Barber Shop + Laurice McGowan Spray Tanning (one stop beauty!) - long term tenants since pre 2009.
SHOP 2: FNQ Accounting - tenancy commenced 1/7/17.
UNIT 1: 2 Bedroom unit (partially furnished) - tenanted on a week to week basis with current tenant occupying the unit since 22/12/18.
UNIT 2: 1 Bedroom unit - same tenant since 2013.
OUTGOINGS CURRENTLY PAID BY OWNER:
Rates - current half yearly rates approximately $4000
Insurance - current annual insurance approximately $3,600
Water charges - included in rates
An astute investor should not miss this opportunity!
Contact Sharon on 0438 688 128 or Lynda on 0429 968 833.
Property Info
Municipality
Tully
Spicer Property Sales Mission Beach
PO Box 225
Mission Beach, QLD 4852
Email Us
NEARBY PROPERTIES
Sharon Spicer
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