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Sold by Daniel KellyProperty ID 1726728Looking for a freehold investment as part of your superannuation fund strategy, or simply to secure a better return than having money in the bank? This is for you!
Located in Yamba's well-known restaurant precinct with a secure, long term tenant in place, this investment opportunity is one that is not only offered at an affordable price, but also offers a nett return of over 6% p.a. Be very quick to act here!
• Excellent freehold investment in prime location
• Well-established long term tenant in place
• Current lease through to July 2022 with option to renew to 2025
• Annual rent of $29,341.61 nett
• Lease provides for annual increases including CPI + 1% & market reviews
• Substantial inventory of plant & equipment included in sale
• Strong long-term investment in Yamba's main restaurant precinct
• Nett return of 6.3% on offer - better than money in the bank!