Fully Leased Investment Property for Sale
This truly is a 'sit and forget' investment. The gross rental return on this building is $81,685.00p.a. showing an approximate 8% net return on your investment. The current owner who will be the tenant is offering to lease the premises for two years at a yearly rental of $81,685.00 p.a. plus GST and annual CPI increases. Front of building has two offices, reception, storage, toilet, customer parking and a bitumen hardstand. The building has three large roller doors and three access doors, and is in a secure yard.
Land Area 3928sqm
Building Area 961sqm
About wagga wagga
median house price599500
median house rent350
suburb rental yield3.0%
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.