SOLD BY DANIEL KELLY
- 1 Bed
- 1 Bath
- 1 Car
Looking 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
- Established, award winning tenant in place with long lease
- Current lease through to May 2024 with option to renew to 2029
- Annual rent of $30,000.00 net
- Outgoings payable by the tenant
- Lease provides for annual increases including CPI + 1%
- Substantial fitout included in sale
- Strong long-term investment in Yamba's main restaurant precinct
- Net return of 6% plus on offer - better than money in the bank!
- Air Conditioning
1 garage space
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