“Bayview Corner” Commercial Center
100% leased – buy & forget
Great for your SMSF better than cash or shares!
- Located on a busy roundabout in fashionable Bayview Heights, Cairns 4 retail block shops on a valuable freehold corner block of land with 2 street entry & exits.
- 100% leased – tenants upgraded fit outs to be completed Sep 2011
- Returning $46,200 net income per annum - increases 5% yearly for term of lease
- Outgoings 100% paid by tenants
- Average rate per square meter is $210
Price $660,000 + GST if applicable
[Average per shop $165,000 each]
[Average per shop $165,000 each]
Click here for MAP.
Price $660,000 + GST if applicable.
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“The Botanicals” Restaurant
“The Botanicals” Restaurant in The Edge Hill Village Cairns 1 double strata titled shop.
- New lease – tenants upgrading of the fit out to be completed Oct 2011
- New purpose builds shop on main street, ground floor with underground parking & lift.
- Returning $38,220 net p.a. - increases 5% yearly for the 15 year term
- Outgoings 100% paid by tenants
- Rate = $215/m2 approx
Invest in both properties above:
Combined net incomes $85,000 per annum.
Average per meter rate = $215/m2 - Note: the average rate at the adjoining older shops at 116 Collins Ave is approx. $375/m2. Combined sale price $1,200,000 + GST if applicable
All inquiries to realestate@go4us.com.au
