$730,000

16 Malduf St, Chinchilla, QLD 4413


10% + NET ROI TICK THE BOXES

* Building area - 495 sq m + approx 165 Sqm mezzanine
* Land area - 1892 sq m - with concrete hardstand & securely fenced
Features Include
* Electric double entry doors to showroom
* Air conditioned showroom, offices, lunchroom & amenities
* Shed constructed in 2012
* Side Roller door & wide open access doors
* Mezzanine load rated to 1,500 Kilos / M2

Quality International tenant in place
Current Annual Rent is $ 81,954 + GST (TBC)
Inclusive of Outgoings
Outgoings: Rates & Insurance $7,150 Approx
Net: $ 74,000 Approx
A SOLID RETURN IN THIS LOW INTEREST MARKET.....
Annual increase of 3% P/A
Leased to 31/10/2021.
Current tenant has been in the premises since November 2017.
Very Low Maintenance Investment

**** NEW 2 YEAR LEASE BEING SIGNED****

In this current low interest environment why not consider your investment options.

For more details contact Warren Daniells on 0427 468 591

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

Property Info

Municipality
Chinchilla

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