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  • For sale
Multi-Tenancy Investment  |  7% Net Return - #1
Multi-Tenancy Investment  |  7% Net Return - #2
Multi-Tenancy Investment  |  7% Net Return - #3
Multi-Tenancy Investment  |  7% Net Return - #4
Multi-Tenancy Investment  |  7% Net Return - #5
Multi-Tenancy Investment  |  7% Net Return - #6
Multi-Tenancy Investment  |  7% Net Return - #7
Multi-Tenancy Investment  |  7% Net Return - #8
Multi-Tenancy Investment  |  7% Net Return - #9
Multi-Tenancy Investment  |  7% Net Return - #10
Multi-Tenancy Investment  |  7% Net Return - #11
Multi-Tenancy Investment  |  7% Net Return - #12
Multi-Tenancy Investment  |  7% Net Return - #13
Multi-Tenancy Investment  |  7% Net Return - #14
Multi-Tenancy Investment  |  7% Net Return - #15
Multi-Tenancy Investment  |  7% Net Return - #16
Multi-Tenancy Investment  |  7% Net Return - #17
Multi-Tenancy Investment  |  7% Net Return - #18

For Sale

$4,400,000 (Ex GST)
- Net income of $308,508* pa (plus GST) showing a yield of 7%
- 10 tenancies with a diverse mix of users including office and medical
- Total NLA of 1,901m²
- 73% currently leased with a two year rental guarantee provided on vacancies
- Income bolstered by a newly installed digital billboard with a 20 year lease
- Modest current rent rates averaging under $220 per m² gross, allowing for future growth, as well as the potential of income from car parking which is currently allocated to building tenants free of charge
- Prime location in Townsville's CBD
- 2,552m² site with 2x street frontages
- 38 secure on-site car parks including 17 under cover

For further information or to arrange an inspection, please contact Todd Walsh or Ben Wheeler at Colliers

* Approx
^Outlines / markups indicative only

Ref #: R2-3173905