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House • 3w
Expression of Interest - closing date 12
16A Canning Street, Bega, NSW, 2550, Australia
Studio
6
20
1450 m²
About this Property
Expression of Interest – Closing date 12th July 2024 (unless sold prior).
Commercial investment opportunities rarely get better than this!
Located in the centre of Bega, this solid building is in good condition throughout and offers investors an opportunity to secure a great lease and return.
Currently leased by South East Radiology, a long standing tenant, with a lease term of 10 years + 5 year option (commenced Jan 2024).
Key points;
- Lease commenced January 2024
- Lease term = 10yr + 5yr option
- Rent income $205,000pa +GST
- Outgoings; the tenant pays the first $8,000 of annual outgoings
- Outgoings include;
o Local council rates
o Water sewage and drainage cost
o Land Tax
o Public Liability Insurance
- Rent Reviews; Annually CPI adjusted
o Each anniversary of the commencement date (Jan 1st 2024) for the initial term (10 years)
- Solid Building in good condition
- 20 car parks (proposed boundaries)
For more information or to arrange an inspection, call Stuart Cook from LJ Hooker on 0418 525 192.
Commercial investment opportunities rarely get better than this!
Located in the centre of Bega, this solid building is in good condition throughout and offers investors an opportunity to secure a great lease and return.
Currently leased by South East Radiology, a long standing tenant, with a lease term of 10 years + 5 year option (commenced Jan 2024).
Key points;
- Lease commenced January 2024
- Lease term = 10yr + 5yr option
- Rent income $205,000pa +GST
- Outgoings; the tenant pays the first $8,000 of annual outgoings
- Outgoings include;
o Local council rates
o Water sewage and drainage cost
o Land Tax
o Public Liability Insurance
- Rent Reviews; Annually CPI adjusted
o Each anniversary of the commencement date (Jan 1st 2024) for the initial term (10 years)
- Solid Building in good condition
- 20 car parks (proposed boundaries)
For more information or to arrange an inspection, call Stuart Cook from LJ Hooker on 0418 525 192.
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Stuart Cook
LJ Hooker Bega
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More Details on 16A Canning Street, Bega NSW
How many bedrooms and bathrooms does 16A Canning Street, Bega have?
16A Canning Street, Bega is a 0.5 bedroom, 6 bathroom house.
Who is the agency that listed 16A Canning Street, Bega?
The agency who listed 16A Canning Street, Bega is LJ Hooker Bega - you can contact the agents here.
How many car spots does 16A Canning Street, Bega have?
16A Canning Street, Bega is a 20 car spot home.
How much is 16A Canning Street, Bega?
The price of 16A Canning Street, Bega is Expression of Interest - closing date 12 - contact the agents to find out more.