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

Contact Agents

Glenn Conridge

+610 413 873337

Contact Me

Michael Gilbert

0430 024 790

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