Prime Freehold in Hervey Bay CBD - National Tenant Shine Lawyers
Description
Imposing modern 2 storey building in excellent condition constructed 2008
Fully leased with renewed leases to Shine Lawyers, CLM Chartered Accounts and Simple Solutions, a Government funded NDIS provider
Prominent 1,869 sqm site in the heart of the Pialba CBD a few hundred metres to the famous Hervey Bay foreshore
Net lettable area 858 sqm (approx.) suitable for future strata subdivision (STCA)
Principal Centre Zone Code: Development potential to 20m (approx. 6 storeys – STCA)
Tenants pay all outgoings as per the lease including management
On-site parking for approx. 37 vehicles
Hervey Bay: the fastest growing seaside city in regional Queensland and only 3 hours’ drive north of Brisbane, a world-renowned tourist destination and commercial hub of Fraser Coast region, trade catchment 107,000 plus and 4.3 million visitors annually
Net income $235,878 p.a. (plus GST)
To be sold by Burgess Rawson Investment Portfolio Auction
Tuesday 3rd August 2021 at Yallamundi Rooms, Sydney Opera House
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Pialba, QLD
65 Torquay Road
- Sold Price: Contact Agent
This property was sold as part of Portfolio 146