2/10-16 Brisbane Street MURWILLUMBAH NSW

TUCK INTO THIS PRIME INVESTMENT - NET RETURN $40,945 P.A Here on offer this main street strata retail investment located with prime pole position directly across from Sunny Side Mall. This investment offers a strong tenure from the lessee of over 5 years who has just renewed the option for a further 5 years. FEATURES: - Prime Main Street position in the centre of vibrant Murwillumbah. - Popular location for retail tenants. - 100sqm shop. - Grease trap - Impressive fit out by current tenant. - 3 car parking space allocated on strata. - Easy asset management - Low outgoings LEASE: - Net income year 1 (2015) = $40,945p.a - Fixed annual increases at 4% - 5 year lease commenced 1st February 2015 expiring 31st January 2020 - Established and proven trader. PRICE: $530,000 Returning 8% net P.A after depreciation allowances.