Circa 9% Yield – As new property – Government backed tenant

Lot 5, 65 Main Street, Pialba QLD

Property Highlights

New 3 year lease to September 2021
Government funded national tenant
Brand new fitout throughout

Description

New 3 year lease until September 2021 + options to 2027
Leased to Serendipity trading as APM
Largest private DSS provider of Disability Employment Services
Services are delivered nationally from more than 300 locations
Modern newly fully fitted state-of-the-art office premises with on-site parking
and elevator access directly to the premises
Net lettable area: 403 sqm
Complete ultra-modern refurbishment with all new infrastructure, at tenant’s expense
Just 1km from Hervey Bay waterfront in busy retail commercial precinct
Fraser Coast region’s population estimated to grow from 101,504 (2016 Census) to a projected 164,143 by 2031
Annual CPI rent reviews
Net Income $122,950p.a. (plus GST)

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Government
Land Size
410 SQM
Building Area
410 SQM

Contact Agents

Glenn Conridge

0413 873 337

Contact Me

Craig Chapman

0427 110 132

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