SOLD BY GORDON CHRISTIAN $90,000
6.75% NET RETURN - 80 SQM RETAIL SHOP
Fully leased investment
The location is the Ocean Beach Resort Commercial Building
Positioned on the main road form Agnes to Seventeen Seventy
Significant holding for investment or possible owner occupancy
Solid concrete block and suspended slab rendered construction
Approved Use - Shop
Current Tenant Tribal Hair and Beauty
Size 80 sqm
Lease Term 12 months
Options 2 x 12 months
Increase CPI on option renewal
Current Rents $14181.80 plus GST
Outgoings 0% payable by tenant
Rates $2327.22
BC Fees $2610.96 + $2429.22 = $5040.18
Net Income $6755.18
The property will be sold separately or together.
For a full IM contact Gordon Christian today.
Agents
Nearby Schools
About agnes water
median house price
747500suburb growth
1.4%median house rent
640suburb rental yield
4.5%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.