This is an excellent commercial investment property.

Completed in September of 2006 this Commercial building is tenanted by the Queensland Government’s Department of Child Safety. A strong 6 year lease is in place at market rent with a 4 year option making this a very attractive investment opportunity.

The tenant – Queensland State Government Department of Child Safety – operates a regional office that services the district of Maryborough and the surrounding population.

The Tenant is due for a rent increase as at 4 Dec 2009 at which time the net rental will increase to $317,586.59. In these uncertain economic times a strong government tenant is equal to a AAA rating for this building and is verified by the fact that a Valuation was done on the 8 Jan 2009 with a resulting value of $4.3 million for this property.

This is an excellent opportunity for a property investor to secure a solid tenanted investment property in the heart of the CBD of Maryborough.

Inspection is strictly by appointment. Contact Agent for Property Report – Gerry Thibault, Lang Commercial – 0414 667 300 or at the Office -5561 8411.