TWEED HEADS
37 Beryl Street
BLUE CHIP TENANT WITH A MIN 8.5% + NETT RETURN
Superb opportunity to diversify & or add to your investment portfolio with this stylish ' Queenslander
' commercial residence fully modernised and leased to Tweed Coast Dental for in excess of $53,000 Per Annum.
KEY FEATURES :
-
Beautifully restored main residence with stain glass windows & ornate fretwork
-
All health requirements associated with the fit out for the tenancy
-
Fully air-conditioned
-
Extensive under house & lockable storage areas
-
Rear car park to accommodate approximately
8-10 vehicles
TENANCY PARTICULARS :
-
Dental Advantage Consulting Group Pty Ltd : T/A Tweed Coast Dental
-
Lease commenced 1st April 2011 & expiring on 31/3/2016
-
Current base rental $53,634.54 PA + GST + Outgoings
-
All outgoings payable by the tenant
-
Options to renew for 2 x 5yr terms ( 2016-2021 + 2021-2026 )
-
Annual rental reviews CPI ( market rent at year 1 of each option )
PROPERTY PARTICULARS :
-
Land Area: 594.40 SQM ( Dimensions: 15.09m X40.23m )
-
Zoned (3b ) general business , right for multi dwelling residential
LOCATION :
Beryl Street is a strong residential area slowly becoming a magnet for professional & medical practitioners alike.
It is moments to Coolangatta / Tweed & virtually opposite the popular Greenbank district , which is home to Jack Evans Boat Harbour , Twin Towns, Council office , Tweed Bowls & the Tweed Hospital , all just a mere 500m as the crow fly's.
In addition, Coolangatta Airport & Southern Cross University are both within (5) minutes with John Flynn Hospital another (5) minutes to the North.
Popular beaches at D-bah , Snapper , Rainbow , Greenmount & Kirra are all within a few minutes.
AGENTS COMMENTS :
This terrific property is a ' bite sized ' commercial investment with an A-Grade tenant in place returning over $53,000 NETT !!
Whether you are passive property investor , seasoned Commercial guru or hunting something positive for your Super Fund , this property is a perfect choice.
INTEREST AROUND $600K
Call David Stringer
' commercial residence fully modernised and leased to Tweed Coast Dental for in excess of $53,000 Per Annum.
KEY FEATURES :
-
Beautifully restored main residence with stain glass windows & ornate fretwork
-
All health requirements associated with the fit out for the tenancy
-
Fully air-conditioned
-
Extensive under house & lockable storage areas
-
Rear car park to accommodate approximately
8-10 vehicles
TENANCY PARTICULARS :
-
Dental Advantage Consulting Group Pty Ltd : T/A Tweed Coast Dental
-
Lease commenced 1st April 2011 & expiring on 31/3/2016
-
Current base rental $53,634.54 PA + GST + Outgoings
-
All outgoings payable by the tenant
-
Options to renew for 2 x 5yr terms ( 2016-2021 + 2021-2026 )
-
Annual rental reviews CPI ( market rent at year 1 of each option )
PROPERTY PARTICULARS :
-
Land Area: 594.40 SQM ( Dimensions: 15.09m X40.23m )
-
Zoned (3b ) general business , right for multi dwelling residential
LOCATION :
Beryl Street is a strong residential area slowly becoming a magnet for professional & medical practitioners alike.
It is moments to Coolangatta / Tweed & virtually opposite the popular Greenbank district , which is home to Jack Evans Boat Harbour , Twin Towns, Council office , Tweed Bowls & the Tweed Hospital , all just a mere 500m as the crow fly's.
In addition, Coolangatta Airport & Southern Cross University are both within (5) minutes with John Flynn Hospital another (5) minutes to the North.
Popular beaches at D-bah , Snapper , Rainbow , Greenmount & Kirra are all within a few minutes.
AGENTS COMMENTS :
This terrific property is a ' bite sized ' commercial investment with an A-Grade tenant in place returning over $53,000 NETT !!
Whether you are passive property investor , seasoned Commercial guru or hunting something positive for your Super Fund , this property is a perfect choice.
INTEREST AROUND $600K
Call David Stringer
