Well maintained property with Bruxner Highway Frontage, Currently leased to REDinc, a disability organisation that has been delivering life changing programs to the local community for over 30 years. The property has reception area, 9 offices, large kitchen room, all air conditioned, storage room, bathroom plus unisex disabled toilet, covered back verandah, large garage with fire proof document storage room, Inground Pool, Rear lane access.
Rent: $37,440-00 per annum
3 year x 3 year lease commenced 1/12/2019 with 3% yearly increases
Building Area: 256m2 approx
Land Area: 1213m2
Currently Shows a Nett Return of 5%, much better than Bank Interest