80 Musgrave Street, BERSERKER QLD 4701

FULLY LEASED DUAL TENANT INVESTMENT YIELD 6% APPROX

COMMERCIAL FOR SALE
80 Musgrave Street, North Rockhampton QLD 4701

BUYERS AROUND $4,500,000 / $257,000 PER ANNUM NET RETURN / YIELD 6% APPROX

Building: 2040m2 Land: 5,105m2

Fully leased to long term tenants:
* Tenant 1 – Lawrence & Hansen Outgoings per annum = $35,592.00
Lease term: 31/01/2023 5 year option
* Tenant 2 – Ambitionz Gym: Outgoings per annum = $53,808.00
Lease term: 03/08/2024 5 year option
(SEE ATTACHED PHOTO FOR OUTGOINGS APPROX PER ANNUM)

KEY INVESTMENT ATTRIBUTES:
* Building is 14 years old
* Concrete standup construction
* Both tenants are very happy in a high traffic flow area
* Tenancy 1 occupies an area of 516m2 and tenant two occupies 1524m2
* 85 on site bitumen sealed Car Parks

DEMOGRAPHIC SNAPSHOT within 20kms

Estimated population: 80,000
Dwellings: 35,000
Medium Age: 35-40
Average motor vehicles per household: 2

Great Location – Great Property – Great Investment

Our agents are on standby to help you with any further information. This is a hot new listing brought to you by QLD Commercial Sales & Leasing Team by Mr Real Estate Rockhampton.

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Price: For Sale $4,500,000

Key Details & Features

Landsize : 5105.00 squareMeter
Property ID : R2-2969938
Lockable garage:

OPEN FOR INSPECTION

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