$370,000 with a 7.1% return9 & 10/53 Front Street
9 & 10/53 Front Street Mossman QLD 4873
Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 109m2
Land area: 109m2
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AFFORDABLE COMMERCIAL OPPORTUNITY - LONG STANDING TENANT WITH A 7.1% RETURN
Set on 2 titles this 109 sqm Mossman Street frontage office boasts a secure long standing tenant, a reputable blue chip business in the Douglas Shire for over 50 years.
• New fit out in 2021 which is included in the sale
• 15 year lease with 2 x 5 year options with 12.5 years remaining
• Current annual rent is $26,524 plus gst
• Fixed rent increases each year of 3% or CPI if higher
• Tenant pays 100% of outgoings - council rates, body corp fees, water & electricity.
• Great Super Fund investment at a 7.1% plus return
For further information or to discuss the property further contact Mark Flinn on 0405 646 313
Property Details for 9 & 10/53 Front St, Mossman
Building Type
Commercial
Floor Size
109m2
Land Size
109m2
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