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TENANTS IN PLACE AND GREAT RETURNS

Great opportunity to secure a freehold commercial building in the centre of the Bundaberg CBD with good income and tenants already in place. The building is divided into 2 separate tenancies both with off-street parking for staff and a high level of walk and drive by traffic plus a diverse mix of businesses and instant exposure from all other surrounding well known and established businesses.Property Details:Total Rent: $50,400 P/A + GST Shop 1 Rent: $20,400 P/A + GST Shop 2 Rent: $30,000 P/A + GSTShop 1 Lease Term: 2 YearsShop 1 Lease Commencement Date: December 1st 2019Shop 1 Lease Expiry Date: December 1st 2021Shop 1 Lease Option: 1 x 1 YearShop 2 Lease Term: Month to MonthShop 2 Lease Commencement Date: Occupied premises since 2006Out Goings paid by Lessor Land Area: 508m2Shop 1 Area: 150m2* + 2 designated car parksShop 2 Area: 150m2* + 2 designated car parksRates: $4,180.63 per ½ yearInsurance: $1,835 P/A*ApproximateFor more information or to organize your personal inspection, call or email us today!!The information provided is for use as an estimate only and potential purchasers should make their own enquires to satisfy themselves of any matters.