60-64 High Street,
Maryborough, VIC 3465
Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
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Map of 60-64 High Street
8.25% NET RETURN - IDEAL SUPER FUND INVESTMENT - LEASED TO 2021 with options to 2027, Strong Tenant, Business on same property for last 40 years.
Phone enquiry code for this property: 1759
PRICE JUST REDUCED!
Great investment property earning a net return of 8.25% ($96,724 per year plus GST) so it is cash positive from day 1. All outgoings paid by tenant. Leased through to 2021 with two further 3 year options to 2027. CPI increases every year. Toyota dealership established at same location for over 40 years. Extremely strong tenant. A separate Used Car yard at 65 High Street Maryborough is also for sale for $179,000 which is under a separate lease to the same tenant and earning 8.25% return ($14,783 per year plus GST) and under the same lease terms and options. The properties will be sold as one package with a total purchase price of $1,351,000 returning a total net rental income of $111,507 per year plus GST and a 8.25% net yield which increases every year.
Phone enquiry code for this property: 1759
PRICE JUST REDUCED!
Great investment property earning a net return of 8.25% ($96,724 per year plus GST) so it is cash positive from day 1. All outgoings paid by tenant. Leased through to 2021 with two further 3 year options to 2027. CPI increases every year. Toyota dealership established at same location for over 40 years. Extremely strong tenant. A separate Used Car yard at 65 High Street Maryborough is also for sale for $179,000 which is under a separate lease to the same tenant and earning 8.25% return ($14,783 per year plus GST) and under the same lease terms and options. The properties will be sold as one package with a total purchase price of $1,351,000 returning a total net rental income of $111,507 per year plus GST and a 8.25% net yield which increases every year.
Phone enquiry code for this property: 1759
Property ID: 502134998Last Updated: 13 Jan 2019
13008150...
60-64 High Street
Maryborough, VIC 3465
Property Now - BRISBANE CITYSuite 3129, 29/97 Creek Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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