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Pialba

65 Torquay Road

$528,800

Land: 1869 m2 approx.

Property Features

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

Property Description

This is a unique investment opportunity for an astute buyer to purchase a strata titled investment property at 3/65 Torquay Road, Pialba with a law firm as tenant. It is rare in a regional area that a building with three high calibre professional tenants has a tenancy that comes onto the market. The tenants include two Law Firms with an excellent history who are well known local businesses and one of the oldest and most trusted accounting firms in Hervey Bay. This modern, well located building in Hervey Bay's professional office district is next to the CBD and close to the beach. This professional office building is 858m² in size which includes four tenancies in total. • Sale Price - $528,800 • Yield - 7.75% • Area - 154m² • Commencement Date - 1st October 2016 • Rent - $40,929pa + GST • Term - 3 years • Options - 2 x 3 years • Outgoings - 100% + 50% of outgoings for lift expenses • Rental Reviews - CPI annual increase Contact John Bone or Glen Winney to enquire about this A-grade investment opportunity. *approx.

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