Commercial investment opportunities rarely get better than this!

Located in the centre of Bega, this solid building is in good condition throughout and offers investors an opportunity to secure a great lease and return.

Currently leased by South East Radiology, a long standing tenant, with a lease term of 10 years + 5 year option (commenced Jan 2024).

Key points;
– 8% net return at $2,500,000
– Lease commenced January 2024
– Lease term- 10yr + 5yr option
– Current rent income $211,000pa +GST
– Rent Reviews; Annually CPI adjusted
o Each anniversary of the commencement date (Jan 1st 2024) for the initial term (10 years)
– Outgoings; the owner pays the first $9,365 of annual outgoings
– Outgoings include;
o Local council rates
o Water sewage and drainage cost
o Land Tax
o Public Liability Insurance
– Solid Building in good condition
– 20 car parks (proposed boundaries)

For more information or to arrange an inspection, call Stuart Cook from LJ Hooker on 0418 525 192