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1/9 Hutchinson Street Burleigh Heads, QLD 4220

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1/9 Hutchinson Street,
Burleigh Heads, QLD 4220

Warehouse, Factory & Industrial • Shops & Retail • Showrooms & Large Format Retail

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HIGH YIELDING INVESTMENT 8% NET RETURN

This quality food factory investment is serving up a solid 8% return on investment, securely leased to well known and long trading business 'Spit N Pieces'.

This tenant has spared no expense with an impressive fit out fully approved for food preparation including cold rooms, exhaust canopy and grease arrestor.

INVESTMENT DETAIL:

- Net Rental $46,800 per annum + GST + Outgoings
- Tenant has signed new 3 + 3 + 3 year lease commenced 01/06/2015
- Outgoings 100% paid by tenant.
- 4% annual increases.

FEATURES:

- 300 sqm fully approved food factory.
- 2 high roller doors plus entrance
- Strategic position in Burleigh Heads Industrial precinct with excellent access to M1.
- 2 parking spaces included for exclusive use.
- These often sought rarely found food factories are a high demand premises for future leasing.

PRICE: $585,000 representing 8% return on investment.

For further details and Information Memorandum contact Exclusive selling agents Towers Francis Property.

Property ID: 502028350Last Updated: 19 Jun 2017

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1/9 Hutchinson Street
Burleigh Heads, QLD 4220
Towers Francis Property - TWEED HEADS SOUTH
Suite 2B Tweed Office Park, 24-28 Corporation Ct
TWEED HEADS SOUTH, NSW 2486

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