Looking for a long term investment with a solid tenant then this is the one for you.
Located in North QLD this property has a stand-alone supermarket as its tenant and as the only supermarket in town and with majors located 25mins away there is no real threat of anything changing in the years to come.
Built within the last 15 years with a tilt slab walls this building has continue to stand strong against mother nature and being located on the main highway has great exposure and appeal.
With a long lease in place as well as yearly increases agreed to this investment will be a consistent performer.
Key Points:
- Lease of 22 years including the options
- 3% yearly increases
- 100% of outgoings paid for by tenant
- Only Supermarket tenant in town
- Highway location
- EBITDA - $150,000 2023/24
- ROI 7.5%
Priced at offers over $2,000,000 represents a 7.5% return for the astute investor.
Contact the exclusive broker:
David Zampech
Benchmark Business Sales & Valuations
M: 0422 671 375
T: 1300 366 521
If you'd like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus5404 to search for the business.
Please ensure you have the necessary capital before expressing an interest in this business.
The image shown is for illustration purposes only and may not be an exact representation of the business.
Benchmark Business Sales and Valuations
