Premium Entry Level Investment – Government Owned Corporation
9/547 Woolcock Street, Mount Louisa QLD
Property Highlights
Sunwater - Govt. Owned Corporation
Fixed 3.5% Rent Reviews
Tenant in occupation since 2014
Description
– Sunwater: QLD Government owned corporation integral in the management of Queensland water infrastructure assets.
– 3 Year + 3 year lease to January 2026
– Tenant in occupation since 2014
– Bruce Highway frontage 7 km to Townsville CBD and 3.5 km to Townsville
Airport
– Building area 612 sqm plus 6 on-title car spaces
– Tenant pays all outgoings including management fees
– CPI or maximum 3.5% annual increases
– Townsville: “capital” of North Queensland with a growing population of over 180,000
– Net income $61,442 p.a. + GST (as at 31 July 2020)
For Sale for Online Auction commencing 12 noon (AEST) Wednesday 27 May 2020
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Government
Land Size
612 SQM
Building Area
612 SQM