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    • About this property
    • Explore Kuluin
    • Investment data
    • Investment for Sale with Well Established Tenant on Brand New Lease

      Property ID 1541729
      Ray White Commercial North Coast Central is pleased to present 1/1 Heidi Street, Kuluin as a tenant investment for sale by Expression of Interest.

      The property is situated on the corner of Heidi Street and Indiana Place within a well-established commercial and residential precinct. The premises forms part of the regions key retail centre with the likes of a Child Care Centre, Allied Health Professionals, Convenience Centre and Kuluin McDonald's.

      Tenant: Tattoo Studio
      Operational: 2 years in location
      Lease Commencement: 14/7/2014
      Lease Expiry: 13/7/2017
      Option: 2 x 3 years
      Increases: Fixed 4% increases each year
      Current Net Rent: $16,458.48 per annum
      Outgoings: 100% paid by the tenant

      For further information or to arrange an inspection please contact the Exclusive Marketing Agent.
    • Key Information
      Tenancy Status Currently Tenanted
      Annual Yield (Gross) 6.63%pa *
      Annual Yield (Nett) 0.06%pa *
      Title Scheme Strata Title
      Other Information
      Council/Shire Sunshine Coast Council
      Floor Types Ceramic Tiles
      Financial Details
      Rental Income (Weekly) $318 *
      Gross Annual Income $16,581 *
      Water Charges (Annually) $989
      Council Rates (Annually) $2,094
      Strata Fees (Annually) $2,181
      Other Costs (Annually) $11,148 *
      Total Annual Costs $16,413 *
      Nett Annual Income $167 *

      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.