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1/5 Garema Street,
Cannonvale 4802, Queensland
$170,000
Property details
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Agents
SOLD BY RAY WHITE - Industrial Unit
Unit 1/ 5 is a small industrial unit located in the Blue Bay Industrial Estate Cannonvale.
Unit is 88m2 concrete block construction, with mezzanine and workshop area.
Now Listed for $175,000 as a going concern, the property represents a good opportunity for a entry level investor.
Existing tenant has been in the property for many years and has just signed a fresh 3-year lease plus 2x3 year options to renew.
Summary of lease terms :
• Rental Income $ 1,000 plus GST per month.
• Annual Rental Increases 2.5%
• Recoverable Outgoings payable by the tenant include:
o Rates (approximately $ 1,462.22 per half year)
o Body Corporate Fees (approximately $425 per quarter)
Investment return based on Sales Price of $175,000 is 6.8%.
Contact Brett Dwyer 0447 583 759
brett.dwyer@raywhite.com
Unit is 88m2 concrete block construction, with mezzanine and workshop area.
Now Listed for $175,000 as a going concern, the property represents a good opportunity for a entry level investor.
Existing tenant has been in the property for many years and has just signed a fresh 3-year lease plus 2x3 year options to renew.
Summary of lease terms :
• Rental Income $ 1,000 plus GST per month.
• Annual Rental Increases 2.5%
• Recoverable Outgoings payable by the tenant include:
o Rates (approximately $ 1,462.22 per half year)
o Body Corporate Fees (approximately $425 per quarter)
Investment return based on Sales Price of $175,000 is 6.8%.
Contact Brett Dwyer 0447 583 759
brett.dwyer@raywhite.com
Explore the area
School catchments
- Whitsunday Christian College Combined Prep-12 Independent 1.1km
- Cannonvale State School Primary Prep-6 Government 2.0km
- St Catherine's Catholic College The Whitsundays Combined Prep-12 Catholic 17.1km
- Proserpine State High School Secondary 7-12 Government 17.3km
- Proserpine State School Primary Prep-6 Government 17.5km
- Hamilton Island State School Primary Prep-6 Government 29.0km
- Hayman Island State School Primary Prep-6 Government 32.4km
- Bloomsbury State School Primary Prep-6 Government 47.5km
- Townsville Flexible School - Bowen Campus Secondary Catholic 54.6km
- Bowen State School Primary Prep-6 Government 55.0km
- St Mary's Catholic School Primary Prep-6 Catholic 55.0km
- Bowen State High School Secondary 7-12 Government 56.4km
- Queens Beach State School Primary Prep-6 Government 58.6km
- Merinda State School Primary Prep-6 Government 61.6km
- Pindi Pindi State School Primary Prep-6 Government 65.5km
- Calen District State College Combined Prep-12 Government 69.1km
- Seaforth State School Primary Prep-6 Government 76.7km
- Hampden State School Primary Prep-6 Government 90.2km
- Collinsville State High School Secondary 7-12 Government 93.2km
- Mirani State High School Secondary 7-12 Government 99.0km
- Mackay Northern Beaches State High School Secondary 7-12 Government 100.4km
- Carlisle Adventist College Combined Prep-12 Independent 103.8km
- Pioneer State High School Secondary 7-12 Government 104.1km
- Whitsunday Anglican School Combined Prep-12 Independent 104.2km
- Holy Spirit College Secondary 7-12 Catholic 104.4km
- Mackay North State High School Secondary 7-12 Government 105.7km
- Mackay Christian College Combined Prep-12 Independent 106.1km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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Contact Brett Dwyer
Contact Brett Dwyer
Brett Dwyer
1/5 Garema Street, Cannonvale QLD 4802
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Brett Dwyer
1/5 Garema Street, Cannonvale QLD 4802