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Home / Office Investment Property $50, 000 return for two...

79 Sugar Road, MAROOCHYDORE QLD, 4558

For Sale

Property for Sale in 79 Sugar Road, MAROOCHYDORE QLD, 4558

Listing ID:
11355181
Status:
Active
For:
Sale
Price:
$685, 000
Last Updated:
14/10/2019
Icon building

Property Type

Offices/Retail
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Land Area

600 SQM
Icon size

Floor Area

160 SQM
Icon parking

Parking

0

Home / Office Investment Property $50, 000 return for two years

- Currently yielding 7.3% return net per annum for the next two years
. Tenant pays all outgoings.
- Two leases in place. 1 Residential Tenancy Agreement. 2 Commercial Tenancy Agreement.
- Total net income $50, 183.66 per annum with 3.5% annual increases on both Tenancy Agreements.
- One tenant occupies both Lease areas.
- Large regular rectangle block of land 600 sqm with great parking at rear and in front of building.
- Opportunity to build studio at rear of property to increase rental return.
- Excellent exposure to busy road with signage.
- Public transport at front door. Walking distance to Maroochy CBD
- Recent stylish ,renovation dividing building into separate front and rear tenancies.
- Business has 2 large offices areas, entrance, storage area and toilet
- House area has 3 bedrooms, 1 with walk in robe, spacious dining area and living area, modern kitchen and one bathroom and toilet. Rear patio area faces large private back yard.

For more details, please email agent

First National Real Estate Commercial

Cnr First Ave & George St,, Maroochydore, QLD 4558


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