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Commercial Investment - 2 Titles - Will Sell Separately

75 Yandilla Street, PITTSWORTH QLD, 4356

For Sale

Property for Sale in 75 Yandilla Street, PITTSWORTH QLD, 4356

Listing ID:
11340482
Status:
Active
For:
Sale
Price:
$675,000 + GST if applicable
Last Updated:
24/09/2019
Icon building

Property Type

Offices
Icon square

Land Area

1334 SQM
Icon size

Floor Area

324 SQM
Icon parking

Parking

N/A

Commercial Investment - 2 Titles - Will Sell Separately

Located in the main street of Pittsworth, in the heart of the main shopping area.
Corner of Yandilla & Short Street, at the roundabout area.
2 Titles - Total area 1334 sqm

The tenanted premises fronting Yandilla Street has an area of 711 sqm and is tenanted by National Australia Bank, new 3 year lease (as of July 2019) with an option to renew for a further 3 years has been agreed between both parties.

The adjoining vacant allotment, on the corner of Short & Railway Street has an area of 623 sqm. The Owner will consider selling this parcel of land separately.

The building comprises of a large open plan area plus has an additional 3 separate rooms, separate kitchen, separate storage room and amenities area. There are 3 air conditioner units. A carport located at the back of the building and off street parking is available.

The negotiated rent is as follows:
$43,000 + GST per year + outgoings
3% increase the 2nd,3rd,4th,5th & 6th year

Outgoings are paid by the tenant as follows:
Insurance $1728/annum
Rates $4824/annum
Water Access: $400/annum
The Tenant is responsible for the servicing of the air conditioning (not replacement)

(NOTE: No Information Memorandam available)

AS A WHOLE $675,000 + GST if applicable or

COMMERCIAL LAND ONLY - 623 SQM - $120,000 + GST if applicable
LEASED COMMERCIAL ONLY - 711 SQM - $575,000 + GST if applicable

For more details, please email agent

Ray White Rural Pittsworth

65 Yandilla Street , Pittsworth, QLD 4356


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