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Quality Fringe Commercial Investment

2/118 Sams Road, MOUNT PLEASANT QLD 4740

Offers From $900,000
L34355180 - For Sale
Quality Fringe Commercial Investment

Location:-
Within the major North Mackay Medical Precinct on the corner of the Bruce Highway and Sams Road fronting a major arterial road network.

Tenant:-
Stabler and Howlett Pty Ltd – One of Mackay’s most well-known and respected Veterinary Clinics
Lease

New 5 Year Lease commenced in July 2022 with 3 x 5 Year Options
Current Rent
$57,556.63 PA (Exclusive of GST) with Annual CPI Increases, and all outgoings paid by the Lessee.
Sale Price

Offers from $900,000 with an attractive Investment Return of 6.5% Net.

Building Area – NLA of 157m2
Car Parking – 4 Exclusive Use Parks
Inspection

By prior pre-arranged Appointment only.

Peter McFarlane Peter McFarlane
0749985989