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 Tenancy 4, 65 Torquay Road, Pialba. Shine Lawyers, a well known national company with excellent history in Hervey Bay, is the tenant in Unit 4 and share the building with another law firm and one of the oldest and most trusted accounting firms in Hervey Bay. This tenancy is within a well located building in Hervey Bay's professional office district next to the CBD and close to the beach. 4/65 Torquay Road • Sale Price - $462,000 Ex GST • Yield - 8% • Area - 109m² • Lease Commencement Date - 1st February 2016 • Rent - $37,000pa + GST • Term - 4 years • Options - 1 x 4 years • Outgoings - 100% + 50% of outgoings that are lift expenses for the building • Rental Reviews - CPI annual increase Contact John Bone or Glen Winney to enquire about this A-grade investment opportunity.

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