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Pialba

65 Torquay Road

8% Net Return

Land: 1869 m2 approx.

Property Features

  • Property ID SL/LL2487
  • Land Size 1869 Square Mtr approx.
  • Building Size 154 Square Mtr approx.
  • 8 Nett Return

Property Description

This is a unique investment opportunity for an astute buyer to purchase a strata titled investment property at 1/65 & 2/65 Torquay Road, Pialba. The tenant is CLM, one of the oldest and most trusted accounting firms in Hervey Bay. These tenancies are within a well located building in Hervey Bay's professional office district next to the CBD and close to the beach. 1/65 Torquay Road • Sale Price - $1,548,400 • Yield - 8% • Area - 454m² • Lease Commencement Date - 1st January 2016 • Rent - $123,872pa + GST • Term - 5 years • Options - 2 x 5 years • Outgoings - 100% • Rental Reviews - CPI annual increase Unit 2/65 Torquay Road, Pialba. • Sale Price - $387,100 • Yield - 8% • Area - 107m² • Lease Commencement Date - 1st January 2016 • Rent - $387,100 pa + GST • Term - 5 years • Options - 2 x 5 years • Outgoings - 100% • Rental Reviews - CPI annual increase Units 3 and 4 are currently under offer. Contact John Bone or Glen Winney to enquire about this A-grade investment opportunity.

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