High Yielding Investment Opportunity
52-54 Callide Street , Biloela QLD
Property Highlights
Description
Burgess Rawson is pleased to offer to the market, 52-54 Callide Street, Biloela QLD for sale via Offers to Purchase.
The property has the following investment highlights:
+ New 7 year lease in place to 2029
+ 2 x 7 year options through to 2043
+ Fixed 2.5% annual rent increases
+ Tenant in place since 2012 and a long-term outlook with 21 years’ worth of lease and options in place
+ Tenant pays 100% of outgoings as per lease
+ Moore Australia: national subsidiary of Moore Global, one of the world’s major accounting and consulting networks, comprising of close to 600 offices across 113 countries
+ Prime 1,226sqm* site in the heart of the CBD with dual street access
+ 657sqm* NLA with modern office fit out
+ New 30kw solar system installed, saving the tenant over $8,000pa*
+ Biloela: the largest town in the Banana Shire, a local government area in Capricorn region in Central Queensland
+ Major industries in the shire include coal mining, beef production, power generation and farming
+ Net Income: $130,000 pa* + GST
To be sold by Offers to Purchase.
Please contact the exclusively appointed Burgess Rawson team for more information.
*approx.
Property Details