Located on the busy high exposure corner of High Street and Ford Street, with in an easy walk to the North Side Shopping Plaza. These 2 shops are fully let.
Shop 1 at 71 High Street has a floor area of approx 59m2 and comes complete with private toilet facilities. This shops has been occupied as a hair dressing salon for decades and presently returns $1028.00 per month with a lease expiry date of 1/5/2023 there is a 2% rent increase on the 1st day of each May during the term of this tenancy plus an option period with a rent review at the end of the fixed term agreement. .
Shop 2 at 71 High Street has a floor area of approx 46m2 and comes complete with private toilet facilities. This shop operates as a beauty shop and the tenant has signed a new lease at $857 per month with a lease expiry date of 22/7/2022 plus a 12 month option.
Rockhampton regional Council Rates are Shop 1 $1,888.75 per half year
Shop 2 $1,727.15 per half year
Owner advises that body corporate fees are $2,000.00 per annum and this includes the cost of the building insurance
An entry level investment into the Rockhampton Commercial Property Market
Modern commercial properties in prime locations attract commercial tenants because in business Traffic = Customers.