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Leased to 2 quality long term tenants this modern commercial building offers excellent return with generous building depreciation still available. High exposure 637m2 main street site.

* Dillon & Elbourn Accountants have been in occupancy since November 2000 and have a 7 year lease expiring on the 31st August 2026 plus a 5 year option period. The company have been trading in Raymond Terrace since the 1st July 1995.

* Joblink Plus are a Government subsidised employment company who have occupied their premises since March 2013 and have a 5 year lease expiring on the 30th June 2025

* Tenants pay all usual outgoings
* Annual fixed 3% rent increases and CPI review
* Net income $161,772 P.A + GST
*Current Building Depreciation schedule balance $571,000
* 8 Reserve carparks onsite
* Building approximately 792.4m2



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