16 Seaview Street, Mission Beach, QLD

MISSION BEACH INVESTMENT PROPERTY This solid building holds a prominent position in the town area of Mission Beach. Nearness to the beach makes it a sought-after location for Capital Gain. High net return of $33,091.34 [including outgoings] per year excluding GST. Council Rates for 2023-2024 year to be paid by tenant - $6,060.64. [$8,518.68 less Landlord's annual rates of $2,458.04]. Option to Renew for a period of 5 years from 2024. New Lease negotiable at cost of tenant. RENT REVIEWS: Market review for the first year of the option. CPI review for years 2,3,4 and 5 of the option.