New 5 Year Leases – As new Buildings – Circa 8.5% Yield

6 dooley street, park avenue qld

Price: $1,900,000

  • Circa 8.5% Yield
  • New 5 Year Leases + Options
  • Long Established Businesses

Property Details

New 5 year leases until July 2023 + options to 2028
2 long established businesses
Olive & White Cabinet Making: locally owned & operated since 1993
Rifen Marine: largest chandlery in Central QLD, Mercury dealership, marine repairs, maintenance and sales
As new warehouse/office/showrooms – 3 buildings with A-grade finishes
Prime freehold corner site comprising 2,691 sqm fully concreted & sealed
Tenants pay outgoings as per the leases
CPI annual rent reviews
Building area 930 sqm (total)
On-site parking for approximately 20 vehicles
Net Income: $172,200 pa + GST

Indicative Price: $2,000,000 +

Featured Details

Current Tenant Tenanted
Gross Building Area 930 sqm
Land Size 2,691 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: QLD000578

Thank you for showing interest in us.

Contact Details

Office Details

Level 24, 324 Queen Street, Brisbane QLD 4001

T 07 3220 3611 E brisbane@burgessrawson.com.au

Similar Properties

  • Sold
    Brand New 15 Year Lease to 2033 + Options to 2053 Highly Experienced Operator!

    1 mary street, kingston qld

  • Sold
    Award Winning Childcare Investment – New 10 yr Net Lease + Options to 2048

    10-12 wandilla crescent, loganholme qld

  • Sold
    Global Public Listed Corporation – Renewed 5 Year Lease + Options to 2034

    292-296 alexandra street, kawana qld