Location View more

SOLD

18 Toonburra St, Bundaberg Central, QLD 4670

CBD Freehold 9.6% Net return - Lease In Place Till 19/10/2022

Priced to sell present all offers.

Features are:
Lease:
Training Centre.
* Current net rent 8.5% till the 19/10/2019.
* 9.6% net return from the 20/10/2019.
* Major tenant with centres from QLD to WA.
* Current lease in place since 19/10/2022 + 2 three options.
* Tenant pays all out goings.
* 2.5% fixed annual increases.

Property:

* Three titles: 880sqm, 809sqm and 850sqm = 2539sqm. (See plan attached)
* Between he internal refurbished into: A reception, offices, training rooms, new male & female disabled toilet, Lunchroom, Mezzanine office and open drive training area.
* External areas: Approx 40Sqm undercover concrete open drive training area and car parking.
* All Lots zoned "Commercial City Frame Area (1810)"

This versatile building with it's central location lends itself to a wide range of uses like: Professional offices, Commercial retail sales, Retail bulk goods and Warehousing.

For further information or to inspect Call John Pappalardo on 0427875396 or Brant Duff on 0413136867 today.

Disclaimer: We accept no responsibility in respect to any errors, omissions, inaccuracies, or misstatements contained in this document. Prospective Purchasers should do their own searches and make their enquiries to verify the information contained in the document.