Lots 1 & 2/31 Maryborough Street, Bundaberg Central QLD 4670

For Sale

For Sale $795,000

Inter-city Commercial Opportunity

Potential Income $91,800 + GST
less outgoing –
rates $14,000
Body Corp $6,813
= $20,818
Potential Net Income – $70,987 + GST

The property consists of 3 tenancies

Tenant 1 – Peter Klein Account
122m2 Floor Area
Lease 1/11/17 -31/10/20 Plus 1×3 option
New lease will be entered into after 3 year option
4 parks – 1 undercover
Rent $28,800 PA + GST

Tenant 2 – Australian Electoral Commission
119m2 Floor Area
Current Lease Starts 11/5/16 – 30/4/18 plus 2×2 options
New lease from 1/5/22 2yr x2yr x2yr option
3 Parks – 1 undercover
Rent $28,800 PA + GST

Tenant 3 – Currently Vacant
187m2 Floor Area
4 Parks – 2 undercover
Asking Rent $34,000 PA + GST

Move your business into tenancy 3 and use the other 2 tenancies to pay mortgage.
Building in good condition
Plenty of exposure to Maryborough Street
Across the road from Hinkler Place Shopping Centre
High Passing Traffic Area

Property Features
  • Offices
  • Land is 423 m²
  • Floor Area is 248 m²
  • 11 Car Spaces
Real Estate Agent
Warren Childs
Warren Childs
0428 739 682