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FULLY LEASED INVESTMENT

CAIRNS CITY QLD, 4870

For Sale

Property for Sale in CAIRNS CITY QLD, 4870

@realty

Servicing NSW, VIC, QLD, WA, NT, SA - National Head Office , Surfers Paradise, QLD 4217

Listing ID:
11310500
Status:
Active
For:
Sale
Price:
Contact Agent Fiona Green 0428875804
Last Updated:
14/05/2019
Icon building

Property Type

Offices
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Land Area

N/A
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Floor Area

N/A
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Parking

N/A

FULLY LEASED INVESTMENT

Fully Leased Investment Property
The NEW price of $299,400 means a NET return of 7.40%
Well appointed office in a Cairns CBD popular complex located on Grafton Street

Long term tenant (6yrs +) Aus Mining Personnel Services until 30 June, 2020, re-signed for another 2 years and wants to stay on indefinitely

Level one strata 100sqm office area plus the three owned CBD carparks

The tenants have a faultless repayment history (available on request) and the investment is so easy to run a property manager has never been needed.

Showing a better return than a residential investment and cheaper to buyer as well . All the GST is claimable for Commercial properties and no resi properties are returning 7.40% net net.
Insurance paid by Body Corporate

- Lots 23 & 24
- Front of street exposure
- SALE PRICE $299,400

For more details, please email agent

@realty

Servicing NSW, VIC, QLD, WA, NT, SA - National Head Office , Surfers Paradise, QLD 4217


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