Share this property

realcommercial.com.au

1/9 Hutchinson Street Burleigh Heads, QLD 4220

Directions

1/9 Hutchinson Street,
Burleigh Heads, QLD 4220

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

Price information

Sold

Contact Agent

Key property information

Floor area

Sold on

Map of 1/9 Hutchinson Street

Directions

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

realcommercial.com.au logo
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

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.