Looking for a freehold investment as part of your superannuation fund strategy, or simply to secure a better return than having money in the bank? This is for you!
Located in Yamba's well-known restaurant precinct with a secure, long term tenant in place, this investment opportunity is one that is not only offered at an affordable price, but also offers a nett return of over 6% p.a. Be very quick to act here!
• Excellent freehold investment in prime location
• Established, award winning tenant in place with long lease
• Current lease through to May 2024 with option to renew to 2029
• Annual rent of $30,000.00 net
• Outgoings payable by the tenant
• Lease provides for annual increases including CPI + 1%
• Substantial fitout included in sale
• Strong long-term investment in Yamba's main restaurant precinct
• Net return of 6% plus on offer - better than money in the bank!