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.
- 0432 055 250