105 Murilla Street

Miles Q 4415

$ 987,755

Basic Facts

Floor Area: 439 m² Land Area: 1277 m² Car Parks: 14 Onsite Car Parks
Zoning: District Centre Zone Net Rent: $ 98,775 Yield: 10% Net Yield
Type:
Fantastic 10% Net Yield – Tenanted Investment – $98,775 Net Income! 4% Yearly increases!

105 Murilla Street is located on a 1,277m2 block on a prominent corner location in the town of Miles, Queensland.

The property is tenanted by Origin Energy(since 2011), a major LNG supplier and reseller .The tenant has just signed a new 3 year lease with 4% yearly increases at a base net rent of $98,775.

The tenant is responsible for 100% of the outgoings for this immaculate premises, which features:

  • 439m2 net lettable area
  • Quality A Class fit out with air-conditioning
  • Kitchen and staff amenities
  • Disabled compliant
  • 14 onsite car parks
  • Option to split into smaller tenancies if required at a later date

105 Murilla Street presents an incredible opportunity to purchase a quality tenanted investment with a strong tenant.

  • Properties Qty: 106
  • Company: DC Commercial

With over 25 years experience in his own business, Drew Camm has a wealth of knowledge and experience both in business and negotiating. With a vibrant personality, Drew has established DC Commercial, building the business to focus on being innovative, dynamic and providing excellent customer service.