Major Global Brand Investment – Assured Growth with 4% Annual Increases
5/532 Ruthven Street, Toowoomba City QLD
Property Highlights
Current 7 Yr Lease to Global Tenant
Annual 4% Rental Increases
Net Income: $120,923 pa + GST
Description
Current 7 year net lease until 2024 to global brand tenant
Annual 4% rental increases
240 sqm NLA ground floor unit on busy Ruthven Street, with 6 under-cover car spaces on title
Established tenant in occupation since 2007
Ella Bache: renowned skin care clinics with 140 stores nation-wide
Outgoings paid by tenant, as per lease.
Toowoomba: Australia’s second largest inland city & administrative capital of the Darling Downs
Net Income: $120,923 pa + GST
Expressions of Interest
Closing at 4pm Friday 16th April 2021
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Building Area
240 SQM