Medical & Consulting

TENANTED COMMERCIAL INVESTMENT 6.88% GROSS YIELD

Offering approximately 75m², the property is securely tenanted with current rental income of $30,940 per annum including GST, representing an attractive 6.88% gross rental yield at the asking price of $450,000.

The current lease is structured as 3+3+3 years, with the agreement already signed. All outgoings are paid by the tenant, and the tenant has expressed interest in securing a long-term lease with the incoming owner.

Property Highlights:

$450,000 asking price

$30,940 p.a. including GST

6.88% gross rental yield

All outgoings paid by tenant

3+3+3 year lease

Established tenant

Approx. 75m² commercial premises

Prominent Commercial Street location

Strong exposure and convenient access

Excellent addition to a commercial investment portfolio

For further information or to arrange an inspection, contact Lifestyle & Acreage Real Estate.

Disclaimer: All areas, figures and information are approximate and provided for general marketing purposes only. Prospective purchasers should undertake their own enquiries and independent due diligence regarding the property, tenancy, lease terms, outgoings and permitted use.