A fantastic opportunity to secure a high yielding commercial property in one of the region's most established business precincts. This well presented complex comprises four individual tenancies, 75% currently leased, delivering a strong and reliable income stream.
Tenancy Overview:
1A – Vacant
1B – 2x tenants @ $150 each p/w
2A – QML Blood Service
2B – Bowen Therapy & Beauty Therapy
Current net return of $52,100 per annum – representing a 4.7% yield.
Positioned in the heart of Tin Can Bay, the building forms part of a thriving medical and professional hub, co-located alongside a Doctor, Dentist, Pharmacy, and a variety of complementary businesses. This high traffic setting ensures strong tenant demand and long term investment stability.
Whether you're an experienced investor or looking to add a quality asset to your portfolio, this property ticks all the boxes – solid returns, established tenants, and a prime location.
Opportunities like this are rare and won't last. Contact Rachel today on 0499 992 952 to arrange an inspection or for further information.