16 Seaview Street, Mission Beach , QLD

Commercial Real Estate

FREEHOLD COMMERCIAL PROPERTY FOR SALE

MISSION BEACH INVESTMENT PROPERTY

This solid building holds a prominent position in the town area of Mission Beach.
Nearness to the beach makes it a sought-after location for Capital Gain.
High net return of $33,091.34 [including outgoings] per year excluding GST.
Council Rates for 2023-2024 year to be paid by tenant - $6,060.64.
[$8,518.68 less Landlord's annual rates of $2,458.04].
Option to Renew for a period of 5 years from 2024.
New Lease negotiable at cost of tenant.
RENT REVIEWS:
Market review for the first year of the option.
CPI review for years 2,3,4 and 5 of the option.

For further details contact Steve Wiltshire 0419 674 409.