FLEXIBLE COMMERCIAL INVESTMENT WITH MULTIPLE INCOME STREAMS & FUTURE UPSIDE
Positioned on a prominent 2,796sqm* site with valuable triple street frontage, this versatile commercial property presents an outstanding opportunity for investors and owner-occupiers alike.Currently occupied by four separate tenants on month-to-month arrangements, the property generates a passive net income of approximately $38,500 per annum while providing the flexibility to renegotiate lease terms, reposition the asset, or occupy part of the property for your own business.
Property Features:
- 2,796sqm* site with three street frontages
- Four existing tenants occupying various areas
- Net rental income of approximately $38,500* per annum
- All tenancies currently on month-to-month leases
- Approx. 1000sqm* of shed accommodation
- Approx. 200sqm* of awning area
- Flexible opportunity to increase income or owner-occupy part of the property
- Convenient location within close proximity to the Rockhampton CBD
Whether you're seeking an affordable investment with immediate holding income or a property offering future flexibility and upside, this is an opportunity well worth considering.
For further information or to arrange an inspection, contact Jonathon Offord today.
*Approximately.
Features
General Features
- Land Area: 2,796 sqm
- Commercial Type: Industrial/Warehouse
- Building Area: 2,796sqm
- Zoning: Commercial
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