New 5 + 5 + 5 Year Lease. Government Leased Investment.
Description
New 5 + 5 + 5 Year Lease
Long established Council occupancy
Grafton; population 18,500 and growing, administrative centre for the thriving Clarence Valley.
Close to Town Hall and all civic amenities.
1,410 sqm CBD land holding.
1,350 sqm building area plus on grade parking.
Easily subdivisible building with modular design.
Annual 3% rent increases ($236,356 in 2020).
Tenant pays outgoings, as per lease.
Easily managed Government leased investment.
Net Income: $210,000 pa + GST.
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GRAFTON, NSW
42 Victoria Street
- Sold Price: Contact Agent