Listing ID: 21328438
3 Hughes Terrace, Gympie, Queensland 4570
$$ Want To Make Money $$
This property is currently Under Contract. This property has been operating as a stable business premises since the day it was built. Today the wonderful tenant spoils her clients with the best customer service. There is still one bedroom and a bathroom plus kitchen.
For security of the current tenant there has been an option for a further 3 year lease signed. This will give this tenant a lease till September 2023.
The current lease will provide you with approx. 7.6% return. The building has recently had a freshen up as well as a new roof on the entire building. As the landlord you are only responsible to insure the building as the Leasee's are responsible for all outgoings as per lease terms.
This opportunity does not come along very often so give us a call today.
• Positioned on a corner block.
• Good exposure in a high traffic area.
• Prominent building with other commercial shops and Hotel nearby.
• Approximately 1 klm to Centro Gympie
• Approximately 1.4Klm to Gympie CBD
• Solid tidy building with kitchen and bathroom
• Bus stop, phone box and post box at the front door
• Currently operating as "Heaven Leigh Cupcakes"
• Have payment records showing regular rental records
If you have anyone looking for an Investment let me know.