FULLY LEASED GROUND FLOOR COMMERCIAL INVESTMENT
7/18 Navigation Lane, Tweed Heads NSW 2485
$2.1M - 7% Net Return
OfficeSize: n/a
This investment is fully leased to 3 tenancies on long term leases providing a net return of $144,000 per annum.
This property comprises 590sqm ground floor commercial lot configured into 3 tenancy areas identified as 2 x commercial office suites and a commercial kitchen.
Positioned in a cool lane way location just off pumping Bay Street.
INVESTMENT DETAIL:
- $144,000 per annum net return.
- 100% of outgoings paid by tenants.
- Rent reviews geared to align with inflation.
- Strong lease security.
FEATURES
- 590sqm total NLA.
- Multiple income streams.
- Excellent CBD locality.
- Airconditioned.
- Refurbished interior.
PRICE:
Price Guide $2,050,000 to $2,100,000 - 7% net return.
For more information contact exclusive selling agents Towers Francis Property.
This property comprises 590sqm ground floor commercial lot configured into 3 tenancy areas identified as 2 x commercial office suites and a commercial kitchen.
Positioned in a cool lane way location just off pumping Bay Street.
INVESTMENT DETAIL:
- $144,000 per annum net return.
- 100% of outgoings paid by tenants.
- Rent reviews geared to align with inflation.
- Strong lease security.
FEATURES
- 590sqm total NLA.
- Multiple income streams.
- Excellent CBD locality.
- Airconditioned.
- Refurbished interior.
PRICE:
Price Guide $2,050,000 to $2,100,000 - 7% net return.
For more information contact exclusive selling agents Towers Francis Property.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Chris Towers to learn more about this property, request an inspection or take an online tour.
Key details
Garage Spaces:
1
Property type:
Office
Other Details
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Block information
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Property history
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SummaryMedian sales
Average Age
56 years
Population
9,176
Listing ID: 181955599. This listing has been viewed 7 times. It was first displayed on 26/09/2023 and last updated on 08/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.