This investment comprises (1) one lot, leased to (4) four tenants. The internal net lettable are is 505sqm, there is an addition 206sqm of courtyard and 8 designated parking spaces on title.
INVESTMENT DETAIL:
- Net income $130,552 per annum
- Long Leases with staggered lease expiry profile.
- Annual increases
- 100% of outgoings paid by tenants.
FEATURES:
- Diverse tenancy mix consisting of NDIS provider, medical , consulting engineer & consulting town planners.
- Recently refurbished building exterior which included a full roof replacement and building repaint.
- Modern, low maintenance premises with professional airconditioned fit outs.
- Ground level entrances to all four tenancies.
- Prominent corner position in tightly held Tweed Heads South professional precinct "Corporation Circuit".
FOR SALE:
Expressions Of Interest closing 12pm, Thursday 7th April 2022.
MORE INFORMATION:
Contact exclusive selling agents Towers Francis Property and request an information memorandum.
Remember to mention you found this property on CommercialReady.com.au
1-8/8 Corporation Circuit, Tweed Heads South, NSW, 2486