1401 OLD NORTH RD, WARNER
Located in the Northern Suburbs of Brisbane these very well presented centres anchored by a national tenant present the perfect opportunity for the astute buyer seeking a hassle free passive investment. The buildings are approx 14 years old and sit on 3,560 sqm (approx) of prime land. This is a double centre consisting of 150 places. The centre has just recently had a $180,000 upgrade to the outside areas. The lease has 17 months remaining of the initial term with 3 x 5 year options. Current rental of $268,652 plus GST and outgoings.
19 Stanley St, Gympie
Located in the thriving town of Gympie, 160K's north of Brisbane, this very well presented centre anchored by a national tenant presents the perfect opportunity for the astute buyer seeking a hassle free passive investment. Constructed in early 2005 of rendered block with a colour bond roof the centre sits on a 2,580m2 piece of prime land very close to the CBD. The lease has 13 years remaining of an initial term of 15 years with 2 x 5 year options. Current rental of $146,910 plus GST and outgoings. 3.5% annual increases and all maintenance is paid by the tenant.
Northern Rivers Region
Sitting in the picturesque Northern Rivers Area of NSW this freehold investment opportunity should not be missed. A solid building of brick construction in excellent condition on a 1,246m2 block. The centre has 39 places and the lease commenced in Jan 2013 for an initial 6 year term with 3 x 5 year options. The rent is currently $54,000 PA plus GST and outgoings. Annual rent increases are 3%. The investment is offered at a 7% yield.