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Centrally Located Investment Opportunity with 10 Year Lease - CaloundraProperty ID 1468192- Solid Tenanted Investment Opportunity
- 303m2* + exclusive use courtyard of Ground Floor strata title retail
- 10 year lease term with 2 x 5 year options
- Current net rental $117,000* per annum
- Tourist Accommodation Zone and Major Centre Zone
- Located on the ground floor of Caloundra's Centrepoint Holiday Apartments
Asking Price: $1,500,000
For further information or to organize an inspection, contact the Exclusive Marketing Agents.
Key Information Tenancy Status Currently Tenanted Annual Yield (Gross) N/A (Marketed Without Price) Annual Yield (Nett) N/A (Marketed Without Price) Title Scheme Not Applicable Other Information Year Built 1993 Council/Shire Sunshine Coast Regional Council Financial Details Rental Income (Weekly) $2,250 * Gross Annual Income $117,321 * Water Charges (Annually) $1,655 Council Rates (Annually) $3,168 Strata Fees (Annually) $6,289 Other Costs (Annually) $9,961 * Total Annual Costs $21,074 * Nett Annual Income $96,246 *
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.