FANTASTIC OPPORTUNITY RETURNING 9% NET WITH GROWTH POTENTIAL
    $629,000
    3 Aitkenhead Street
    BUNDABERG EAST

    Located on 3,532m2 Zoned Industry, the property is on 4 titles with a 1500m2 approx. high clearance shed divided in to 3 tenancies currently returning $71,720 P/A + GST (gross)

    - All sheds have high clearance access (4.25m) and 3 phase power
    - Sheds 1 & 2 with 2 x 5 tonne gantry cranes
    - Shed 1 with 2 toilets + shower (13m2) + air-conditioned office 10 x 4m & kitchenette
    - Shed 2 with 3 toilets (external)
    - Shed 3 with 2 toilets (external)

    Property Details:

    Total Rent: $71,720 P/A + GST ($56,147.48 P/A + GST Nett)

    Shed 1 Rent: $36,920 P/A + GST
    Shed 2 Rent: $10,800 P/A + GST
    Shed 3 Rent: $24,000 P/A + GST

    Shed 1 Lease Term: 5 years commencing January 1st 2017
    Shed 1 Lease Expiry Date: December 31st 2021
    Shed 2 Lease Term: Month to Month
    Shed 3 Lease Term: Month to Month

    Out Goings paid by Lessor except power, fire protection, additional waste services and water used (Shed 2)

    Land Area: 3,532m2
    Total Shed Area: 1,500m2*
    Shed 1 Area: 607m2*
    Shed 2 Area: 440m2*
    Shed 3 Area: 446m2*

    Rates: $6,613.76 per Year
    Insurance: $2345 P/A

    *Approximate

    For 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.


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    Property Summary

    Property ID: 19813050

    Agent Details

    Agent Name: Scott Mackey Agent Mobile: 0409 051 929 Agent Phone: 0419728911 Agent Email: Click to Email

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