• 12-year lease commenced April 2022
• Established, well respected tenant
• Positioned between Regional Theatre and Union Square
• Returning $88,000 +GST net per annum
• High yield asset in high growth location
This fully leased commercial investment offers an outstanding opportunity to secure a proven income stream in a sought-after location. Returning $88,000 + GST net per annum, the property is underpinned by a 12-year lease, with close to 8-years left to run, to an established tenant providing long-term security for investors.
The property is currently utilised as an extension of a popular night club, and an events/function venue.
Comprising approximately 440sqm of floor area, the property combines strong cash flow with the benefits of a high-growth precinct undergoing revitalisation. With a compelling yield and dependable tenancy in place, this is an investment that delivers both immediate income and potential future upside.
This is no test of the market—our vendors have another use for the capital and are committed to selling.
