64A Farnborough Road, Meikleville Hill

The time to invest on the flourishing Capricorn Coast is NOW! This wonderful property is situated opposite Farnborough Beach, with two shops currently tenanted and offering attractive returns!
• High exposure with convenient parking
• 2 x tenancies in place – net return of $72,252 per/annum (Beachside $54,000 & Hair $18,252)
• Landlords outgoings consist of building insurance & public liability (approx. $4,604 p/annum)
• Tenants outgoings consist of rates, water & electricity
• Beachside 66 tenancy 29.07.16 – 28.07.21 with 5 year option
• RM Hair tenancy 01.09.17 – 31.08.20 with 2 x 3 year options
• 1,672m2 allotment in total
• Set up for multi dwellings & shops, or professional offices
Located in one of the best locations in Yeppoon close by to vibrant and thriving businesses, perfectly positioned to cater to both local and holiday trade!