115 Kariboe Street Biloela QLD 4715

Property Overview:
- Land Size: 663m²
- Floor Area: 388m² approx.
- Zoning: Township
- Land Use: Light Industry

Features:
- Large Shed: Provides insulated extensive space for business operations
- 2 x Storage shipping containers
- 2 Office Rooms: Spacious and air-conditioned
- Kitchen & Bathroom: Gas cooktop, oven, dishwasher plus dining space
- 1 Bedroom: Comfortable air conditoned living space with access to a small deck
- Solar power system (4.5 KW), electric hot water system, security screens

Lease Information:
- Lease Term: 3-year lease commencing from 01/05/2023
- Monthly Rent: $4,540.79  (plus GST & outgoings)
- Further Options: Three additional 3-year options
- Rent Adjustment: Annual CPI rent adjustment

Current Use: The property is currently home to 'The Seat Shop', a longstanding business in Biloela known for its quality upholstery craftsmanship and providing excellent service to our community.

Why Invest in This Property? The attractive lease terms and stable rental income make this an excellent opportunity for investors seeking a low maintenance property and a solid return with annual CPI rent adjustments, ensuring your investment keeps pace with inflation.

Don't Miss Out! This unique investment property is a rare find and offers an exceptional return with a long-term lease agreement. Ideal for investors looking to secure a high-yield asset with a reputable tenant. To arrange a viewing or for more information, contact Amanda Munroe or Ross Munroe on 4992 3366!