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Lloyds Real Estate Australia - CARRARA

37 Glynn Street Dimbulah, QLD 4872

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37 Glynn Street,
Dimbulah, QLD 4872

Shops & Retail

Price information

Sold

$260,000

Key property information

Land area

Floor area

Tenure type

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Map of 37 Glynn Street

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10% RETURN - FREEHOLD INVESTMENT - NORTH QUEENSLAND

Dimbulah is a town in Far North Queensland, located on the stunning Atherton Tablelands, 114km from Cairns. Dimbulah is a vibrant town offering sports facilities, schools, medical facilities, shops, community centre, and good internet and mobile reception. Plus easy access to Cairns International Airport.

This commercial holding is strategically positioned in the absolute heart of Dimbulah. The Bakery known as 'the best little bakery in the north' is the only supplier of bakery products in the Dimbulah township and surrounding areas.

The bakery has been operating for over 15 years.

• Premises leased to Dimbulah Bakery
• Rent $33,423.34 incl gst per year
• Nett lettable area 389 m2 approx.
• Land area 465 m2
• Fixed term till 31 July 2025 + 3 year option
• Market Review 1 August 2025
• CPI Review 1 August 2023, 2024, 2026, 2027
• All bakery equipment + fixtures & fittings included in the sale
• Air-conditioned workers accommodation on site
• Rates $1,428.10 per half year paid by the owner

The property was completely renovated in 2018 including wiring, lighting, plumbing and new roof. Nothing to spend.

A good opportunity to invest in one of Queensland rural towns with reliable income.

Property ID: 504245916Last Updated: 7 Jun 2023

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Lloyds Real Estate Australia - CARRARA

Level 1, Suite 13 238 Robina Town Centre Drive
ROBINA, QLD 4226
04199802...
Lloyds Real Estate Australia - CARRARA
37 Glynn Street
Dimbulah, QLD 4872
Lloyds Real Estate Australia - CARRARA
Level 1, Suite 13 238 Robina Town Centre Drive
ROBINA, QLD 4226

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