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AFFORDABLE TENANTED INVESTMENT
- Land: 491m² (0.12 acres)
Built in 1925 and originally the home of Beaufort Meats this freehold property is now securely tenanted to the Pyrenees Advocate. Zoned Commercial One and situated on a central corner allotment of approximately 491m2 in area the building which enjoyed a major renovation/re-fit in 2009 and the building remains in excellent condition both inside and out. Accommodating around 163m2 of office space the building consists reception area, production room, meeting room, editor's office and large storage/utility room. Heating and cooling is delivered via 4 split systems and there is a well-appointed kitchen/staff room and male and female amenities. Outside there is off street parking for up to 8 vehicles. The property is currently returning $825.80 per calendar month (GST Inclusive) with the tenant responsible for payment insurance and all outgoings. There is presently 13 years remaining on the existing 5 x 5 x 5 year lease which makes this affordable entry level investment even more attractive
491m² / 0.12 acres
8 off street parks
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