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.
Gold Coast Hinterland
Sitting in the picturesque Gold Coast Hinterland town of Canungra this freehold investment opportunity should not be missed. 20 year old building of timber construction (with external render)in excellent condition on a 1,212m2 block. The centre has 55 places, a national tenant and enjoys very good occupancy. The lease has 4.5 years remaining on the current term with 2 further 5 year options at a current rent of $89,141.16 PA plus GST and outgoings. Annual rent increases are 3%. The investment is offered at a 7% yield.