Over $20,000 Nett Per Month

On offer is this freehold investment of this property, which has had the same tenant for over 30 years. It is not reliant on tourism, weather or mining and there are no bathrooms to upgrade or driveways to re-bitumen.

  • Business been operating for approx. 38 years
  • Strong, reliable well established business
  • 20 year lease in place
  • Optus have a 20 x 20 year lease for telecommunications tower
  • Optus income has 3% fixed increase yearly
  • 4bedroom caretakers home and office
  • Large open plan warehouse

NB: Property inspections are by appointment only

Listing Ref INV006408
Property Type Special Projects
Sale Type Freehold Passive Investment
State QLD
Region Central
Suburb Kensington
Price $2,272,000
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