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