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70-72 Callide Street Biloela, QLD 4715

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70-72 Callide Street,
Biloela, QLD 4715

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10 YEAR + 5 + 5 + 5 HIGH YEILDING COMMERCIAL INVESTMENT

  • Established business – 30 years strong
  • Modern building centrally located
  • Long lease at time of settlement
First National Real Estate Biloela, are proud to present this exceptional modern building centrally located to the Biloela CBD with long lease.
KEY PROPERTY INFORMATION:
• Land area: 1293m2*
• Floor area: 600m2* under roof approximately
• Car spaces: 10
• Property extent: Whole/Freehold
• Zoning: Commercial business
• Municipality: Banana Shire Council
• Tenure: Tenanted Investment
TENANTED INVESTMENT DETAILS:
• Occupancy: Fully Leased
• Gross Income p.a.: 7.5% (based on a purchase price of $1.95m, rent $146,250+GST p.a.)
• Tenant: Accounting and You (established business of 37+years with 3 offices located in Monto, Gladstone and Biloela)
THE PROPERTY HAS THE FOLLOWING INVESTMENT HIGHLIGHTS:
• 10-year lease at time of settlement + options to 2047
• Tenant to pay outgoings
• Fixed annual rent increases of 3%
• Modern building centrally located to CBD
• Solar Power System
• 1293m2 corner site located close to Big 4 banks (ANZ, CBA, NAB, Westpac)
• Fully lockable staff courtyard with 10 employee parking spaces
• Customer parking at front of building
*Approximately

IM can be found here: https://accounting-and-you.fnebooks.com/?wbsid=&wbscd=

Additional information

Property ID: 504184179Last Updated: 25 Jan 2023

04889233...
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70-72 Callide Street
Biloela, QLD 4715
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