MODERN COMMERCIAL BUILDING WITH HIGHWAY FRONTAGE AND HIGH PROFILE TENANTS TFL FRANCHISING (FAST LANE COFFEE) AND ANZ (ATM).
    $650,000
    48 GLADSTONE ROAD, ALLENSTOWN

    Enjoy the security of high profile tenants such as the ANZ Bank ( ATM Only) plus the high profile position of Bruce Highway Frontage.
    This modern brick well air-conditioned building has a floor area of approximately 300m2 plus abundant off street car-parking.
    Lease 1 - TFL Franchising (Fast Lane Coffee) 5 year lease commencing 1/6/2017 plus 2 x 5 year option periods.
    182m2 at the front of the building
    Rental 1/6/2017 $28,000 pa + GST
    Rental increasing to $28.840 + GST on 1/6/2018.
    Rental increasing to $38,000 + GST on 1/6/2019
    Rental increasing to $39,140 + GST on 1/6/2020.
    Rental increasing to $40,140 + GST on 1/6/2021.
    Lease 2 - ANZ Bank - Lease a 15m2 area for an ATM and pay $7,800 per annum plus GST
    Lease 3 - Vacant lease area of approx 103m2
    BODY CORPORATE - Admin Fund Body Corporate fees are $2475 per quarter payable on the 1st day of each June, Sept,Jan and March.
    Sinking Fund contributions at $450 per annum payable on the 1st day of each June.

    Rockhampton Regional Rates are net after discount $2331.60 each half year.


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    Property Summary

    Property ID: 500519927

    Agent Details

    Agent Name: Kas Woch Agent Mobile: 04 0305 0522 Agent Email: Click to Email

     

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