DOUBLE STOREY BRICK COMMERCIAL BUILDING - PRIME HIGH EXPOSURE CENTRAL BUSINESS DISTRICT CORNER LOCATION.
$550,000
43 Denham Street, ROCKHAMPTON CITY
Located on a prime inner city corner allotment with a frontage of 20.1m to Alma Street and a frontage of 6.8m to Denham street.
This double storey brick commercial building is fully leased, showing excellent returns and has a quality fit out.
The ground floor is well air conditioned and provides a large reception and waiting room area, 2 offices, a work station area, lunch room, toilet facilities and a lockup garage.
Two sets of internal stairs lead to the first floor area that features two extra large offices plus 2 smaller offices and a work station area that could be used as a reception/waiting area.
Carpets and paintwork are in excellent condition.
This property is presently leased to a quality tenant on a 3 year lease that commenced on1/6/2024. with annual rental increases of 3%.
Existing rental is $43,260 per annum plus GST
This is a low maintenance investment in a high exposure prime inner city corner location.
