Lot 2/235 Musgrave Street, BERSERKER QLD 4701
REDUCED FOR QUICK SALE 235 MUSGRAVE STREET NORTH ROCKHAMPTON
Two tenancies, 68m2 & 85m2, with a projected annual income of $45,600.00+ GST when fully let will show a net return of 8.5%
Suncare Communities has commenced a new 3 year + 3 year lease from 1/8/2018, with annual 4% rent increases.
Although the smaller 68m2 area is presently vacant we believe it will rent quickly at the asking rental of $20,400.00 + GST + share of outgoings is great value for such a position.
The Metro Complex was constructed in 2006 consisting of 10 tenancies with a good mix of food, professional and health businesses. 63 on site customer parks on site with 65% of these being under cover.
Located on one of Rockhampton’s busiest corners, within walking distance to both Stockland’s Shopping Centre and the Northside Plaza.
If you are looking to invest, give Brian Geaney a call today on 0407 123 987
Landsize : 0.00 squareMeter
Property ID : GFZ5