These commercial offices in the regional township of Donald are earning well above term deposit rates and above many other current investments.
Returning 7.37% based on the full asking price of the property you are receiving a decent income from your hard earned savings. All outgoings on the property are paid for by the tenant, therefore 7.37% is what you get.
The tenants, an accountancy firm (open 5 days a week), have been leaseholders since 2009 and are in the middle of the second 5 year option with a further 5 year option available on the current lease.
The brick veneer and cement block premises is located in a prime position on the main street of Donald, Woods Street.
The layout consists of a reception/waiting room area, 5 offices of varying sizes, a photocopier room, document room with locked fire door etc., tea room area and male and female toilets. There are 7 x split system a/c’s placed throughout the building.
At the rear of the building there is ample space for parking.
Call Rob on 0467 044484 to discuss the opportunity to maximise your savings with this solid investment property.
Please note – this is a commercial property and their is neither a bedroom or bathroom in these premises.