Business has operated at this address since the 1960s Current tenant Mini Motors Chinchilla has been in operation since 2016 Agents for Honda Power Equipment, Stihl, Masport, and other leading brands Services a large rural region
Solid Investment Opportunity – Long-Term Tenant in Place
Property Overview: Construction: Brick building with durable hardwood timber floors on both levels Ground Floor Area: Approx. 500m² comprising showroom, office, workshop, and amenities Upper Level Storage: Approx. 300m² of versatile space Workshop Upgrades: Re-stumped with adjustable stumps in 2018 for added stability Land Area: 1,414m² with rear access via Boyd Street
Investment Details: Current Rent: $46,800 P.A. + GST Outgoings: Tenant pays WDRC rates and water Landlord pays property insurance (approx. $2,850 P.A.) Net Return: Approx. $44,000 P.A. + GST
Lease Terms: Lease in place until 31/12/2025 2 x 2-year options available 3% annual rent increases
For more information, contact the Exclusive Marketing Agents: Krista Paterson – 0427 263 579 Warren Daniells – 0427 468 591