SOLD
PRIME MULTI TENANCY INVESTMENT OPPORTUNITY
A three entry office space benefitting from stable tenancy arrangements and a strong occupancy history, making it an appealing investment opportunity.
This property is one for the investor looking for a safe return whilst also offering great potential for capital growth.
The hard work has been done, the shop is fitted out, collect the rent and watch your investment grow, along with our region.
The complex is fitted out with 4 offices, reception area, boardroom, kitchenette & access to bathroom facilities.
The complex itself is very well managed and maintained.
A significant recent improvement includes the installation of a new roof, which provides comfort to prospective purchasers that major capital works have already been undertaken.
The property is currently fully tenanted with two long-term occupants, providing an attractive income stream for prospective investors:
• Complete Wealth – $2,650 per month
• United Society – $820 per month
• Bundaberg Regional Council Rates: $2,415.75 per half year
• Body Corporate Rates: $2,881.01 per half year
Importantly, these outgoings are payable from the tenants under the current lease arrangements.
Additional features:
• Prime location within Bundaberg's CBD precinct.
• Established professional tenants with strong local reputations.
• Consistent rental income from multiple tenants.
• Low-maintenance commercial investment.
• Flood free location
• Exposure to the Bourbong Street commercial corridor.
• Well-presented premises with ongoing tenant demand in the area.
• Suitable for investors seeking immediate income with potential future upside.