Lots 1 & 2, 31 Maryborough Street,
Bundaberg Central, QLD 4670

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Map of Lots 1 & 2, 31 Maryborough Street

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Inter-city Commercial Opportunity

Potential Income $91,800 + GST
less outgoing -
rates $14,000
Body Corp $6,813
= $20,818
Potential Net Income - $70,987 + GST

The property consists of 3 tenancies

Tenant 1 - Peter Klein Account
122m2 Floor Area
Lease 1/11/17 -31/10/20 Plus 1x3 option
New lease will be entered into after 3 year option
4 parks - 1 undercover
Rent $28,800 PA + GST

Tenant 2 - Australian Electoral Commission
119m2 Floor Area
Current Lease Starts 11/5/16 - 30/4/18 plus 2x2 options
New lease from 1/5/22 2yr x2yr x2yr option
3 Parks - 1 undercover
Rent $28,800 PA + GST

Tenant 3 - Currently Vacant
187m2 Floor Area
4 Parks - 2 undercover
Asking Rent $34,000 PA + GST

Move your business into tenancy 3 and use the other 2 tenancies to pay mortgage.
Building in good condition
Plenty of exposure to Maryborough Street
Across the road from Hinkler Place Shopping Centre
High Passing Traffic Area

Property ID: 503828934Last Updated: 1 Nov 2022

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