64A Farnborough Road, Meikleville Hill
Price: Offers Over $749,000 Considered
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!
- Street View