17 Targo Street,
Bundaberg Central Queensland 4670

Price: $530,000 + GST (If Applicable)

RETURNING $60,530 PA - LOCATED IN THE HEART OF THE CBD

Positioned in the heart of the CBD is this freehold commercial building divided into 2 tenancies with strong lease on shop 1, both shops with ample off-street parking for staff.

Surrounded by a diverse mix of businesses, the premises lend itself to any type of future occupants with great traffic flow and instant exposure from all other surrounding well known and established businesses.

Property Details:

Total Rent: $55,028 P/A + GST + 74.5% of Rates

Shop 1 Rent: $44,628 P/A + GST + 74.5% of Rates
Shop 2 Rent: $10,400 P/A + GST

Shop 1 Lease Term: 3 Years
Shop 1 Lease Commencement Date: April 1st 2018
Shop 1 Lease Expiry Date: March 31st 2021
Shop 1 Lease Option: 1 x 2 Years commencing April 1st 2021

Shop 2 Lease Term: 1 Years
Shop 2 Lease Commencement Date: February 1st 2020
Shop 2 Lease Expiry Date: February 1st 2021
Shop 2 Lease Option: 2 x 1 Years

Out Goings paid by Lessor except 74.5% of Rates paid by Shop 1

Land Area: 503m2

Shop 1 Area: 156m2* + 7 designated car Parks
Shop 2 Area: 54m2* + 2 designated car parks

Rates: $4,259.60 per Year
Insurance: $798 P/A


*Approximate

For more information or to organize your personal inspection, call or email us today!!

The information provided is for use as an estimate only and potential purchasers should make their own enquires to satisfy themselves of any matters.

Property Details

Price
$530,000 + GST (If Applicable)
Address
Targo Street
Suburb
BUNDABERG CENTRAL
Postcode
4670
Property Type
Commercial
Land Size
503.00 m2
Property ID
20094578