Trophy Investment – Development Opportunity
28126 New England Highway, Ballandean QLD
Property Highlights
Massive 1.20 hectare site
Fixed 6% rent increases
Net Income $90,000 pa + GST
Description
+ Vineyard Cottages & Café is right in the heart of the Granite Belt’s wine growing region
+ Only 16 minutes drive to Stanthorpe
+ Long established with 7 self contained cottages, 4 bed managers residence & restaurant.
+ Huge value add opportunity with D.A. approval to add 9 more cottages
+ Tenant pays all outgoings as per the lease
+ Attractive fixed 6% annual rent increases
+ 4 separately titled lots make up this high profile property
+ Impressive 211 metre frontage to the New England Highway
+ Beautifully maintained lawns and gardens
+ Rent: $90,000 pa + GST
For Sale by Negotiation
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Accommodation
Land Size
12,000 SQM
Building Area
1 SQM