70-72 Callide Street,
Biloela, QLD 4715

First National Real Estate Biloela, are proud to present this exceptional modern building centrally located to the Biloela CBD with long lease.
KEY PROPERTY INFORMATION:
• Land area: 1293m2*
• Floor area: 600m2* under roof approximately
• Car spaces: 10
• Property extent: Whole/Freehold
• Zoning: Commercial business
• Municipality: Banana Shire Council
• Tenure: Tenanted Investment
TENANTED INVESTMENT DETAILS:
• Occupancy: Fully Leased
• Gross Income p.a.: 7.5% (based on a purchase price of $1.95m, rent $146,250+GST p.a.)
• Tenant: Accounting and You (established business of 37+years with 3 offices located in Monto, Gladstone and Biloela)
THE PROPERTY HAS THE FOLLOWING INVESTMENT HIGHLIGHTS:
• 10-year lease at time of settlement + options to 2047
• Tenant to pay outgoings
• Fixed annual rent increases of 3%
• Modern building centrally located to CBD
• Solar Power System
• 1293m2 corner site located close to Big 4 banks (ANZ, CBA, NAB, Westpac)
• Fully lockable staff courtyard with 10 employee parking spaces
• Customer parking at front of building
*Approximately

IM can be found here: https://accounting-and-you.fnebooks.com/?wbsid=&wbscd=