The premises include a factory and three bedroom house, under lease to Chics Pies and Crusty Bread wholesale bakery. They have been operating from this location since 1988 with a well established brand and successful manufacturing production.

A new 5 year lease is in place to March 2021 with two further 5 year options. All outgoings are paid by the tenant with a net rental of $37,600 p.a. at fixed annual increases of 3.0%.

This property represents a secure, trouble free, long term income for the purchaser; for sale now at a Net Yield of 8.0% p.a.

For further information, please contact Warwick Peters at RandW Caboolture Commercial