48 GLADSTONE ROAD,
Allenstown, QLD 4700

Enjoy the security of high profile tenants such as the ANZ Bank ( ATM Only) plus the high profile position of Bruce Highway Frontage.
This modern brick well air-conditioned building has a floor area of approximately 300m2 plus abundant off street car-parking.
Lease 1 - TFL Franchising (Fast Lane Coffee) 5 year lease commencing 1/6/2017 plus 2 x 5 year option periods.
182m2 at the front of the building
Rental 1/6/2017 $28,000 pa + GST
Rental increasing to $28.840 + GST on 1/6/2018.
Rental increasing to $38,000 + GST on 1/6/2019
Rental increasing to $39,140 + GST on 1/6/2020.
Rental increasing to $40,140 + GST on 1/6/2021.
Lease 2 - ANZ Bank - Lease a 15m2 area for an ATM and pay $7,800 per annum plus GST
Lease 3 - Vacant lease area of approx 103m2
BODY CORPORATE - Admin Fund Body Corporate fees are $2475 per quarter payable on the 1st day of each June, Sept,Jan and March.
Sinking Fund contributions at $450 per annum payable on the 1st day of each June.

Rockhampton Regional Rates are net after discount $2331.60 each half year.