Brand New 5x5 Year Lease - Buy over 7% yield! Freestanding building in the heart of Ballina
Lachlan Marshall, Jared Johnson & Dax Roep from Harcourts Coastal Commercial are delighted to present an exceptional opportunity for astute investors looking for a long term tenanted investment. The tenant has the luxury of no competing businesses within the immediate area. Positioned in the main Industrial estate of Ballina and surrounded by the M1 Pacific Motorway, National and International Companies and the Ballina Airport.
34 Piper Drive sets the precedent as one of the most astute investment opportunities in the famous Northern New South Wales Region.
• 1,325m2* Site Area (Flood Free)
• 415m2* Freestanding Building
• $113,435* p.a. + GST + Outgoings
• Long Term Tenant Since 2016
• Fresh 5 + 5 Year Lease commencing 1 July 2022
• 3% Annual Increases
• Ballina's only Gentleman's Club
• Purpose Built Building for Specific Use
• 'Medium Impact' Zoning
• Security Gated and Fenced
• Multiple Private Client Rooms
• Separate/Private Amenities for Customers and Staff
This rarely available investment opportunity is being sold via Expressions of Interest and we welcome your enquiry
Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.
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