Established Long Term Commercial Tenants

Burgess Rawson is pleased to offer to the market, 63 Old Maryborough Road, Pialba (Hervey Bay) QLD 4655 for sale via our Auction Investment Portfolio 154.

The property has the following investment highlights:

+ Lease Tenant and Term
Tenancy 1 and 3B: GD Products – 3 year lease, one of the largest hospitality, catering and cleaning suppliers in the Wide Bay Region, continuous long term tenant circa 15 years
Tenancy 2: Queensland Computers – 3 year lease
Tenancy 3(A): Hervey Bay Cabinet Craft – 4 year lease + 5 year option
Residential dwelling annual lease 4 bedroom home with a pool

+ Outgoings: total estimated outgoings $23,066 (excl. GST)
+ GD Products: fixed 3% annual rent increases
+ Queensland Computers and Hervey Bay Cabinet Craft: CPI annual rent reviews
+ High exposure on Old Maryborough Road
+ Surrounded by high performing essential businesses
+ Complex is 100% occupied
+ Great income upside potential with DA and plans to expand rear of property with new industrial sheds
+ Unique opportunity to own a high yielding commercial investment
+ Pialba: thriving industrial precinct only 2 minutes to the CBD
+ Net Income: $142,837 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 4 August 2022
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx.