High Yielding multi-tenanted commercial property with government tenant - $1,590,000
63 Arthur Street, Roma QLD
- Long Term Established Tenants
- 5+5 year lease with options until 2032
- Net Income p.a. $120,077 ex GST
Knight Frank as the exclusive sales agent is pleased to present 63 Arthur Street Roma, QLD, 4455, this multi-tenanted property consists of light industry and office space that is 100% occupied by long term businesses with a brand new 5 + 5 year lease with options until 2032
3 year lease to the Commonwealth government tenant.
Superior Auto Salon and Ron Auto Repair Mechanic tenant the remainder of the property by using the high clearance shed with hardstand and concrete flooring.
It also features two street frontages from Arthur Street and Hawthorne Street with drive through capability, making it the perfect premises for the current businesses.
The property comprises of 378 sqm of office, 320 sqm for Superior Auto Salon and 484 sqm high clearance shed and hardstand 530 sqm for Ron Auto Repair Mechanic.
Recent capital expenditure has been invested into upgrading the access to be compliant with the building code of Australia for wheelchair access.
Long Term Established TenantsDual Street FrontageFixed 3% annual rent increasesNet Income p.a. $120,077 ex GST
Please contact Peter Uebergang for further information about the property.
