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155 Palmerin Street
Warwick QLD 4370
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155 Palmerin Street Warwick QLD 4370

  • Shop & Retail
  • 175 m²
  • For Sale, $610,000

7.9% RETURN - FREESTANDING MAIN STREET RETAIL INVESTMENT

  • 7.9% yield
  • Fully leased main street investment
  • 175sq m* building on 245sq m* land

High Profile main street property
Single Lease to strong local tenant who supplies just not the town but now major builders to all their staff Australia wide
Land Area: 245sqm *
Building GFA : 175sq m*
Total net rental: $48,000* per annum + Outgoings + GST
New 2 year lease (with 2 x 2 year options)
Strong regional growing town
High yielding asset

155 Palmerin Street, is quality main street, freestanding retail investment located right in the heart of Warwick Central Business district and is fully leased to a single, long standing Work Wear tenant that has currently just picked up the account for a major national business, supplying all work wear Australian wide. Workin Wear is on a new 2 year lease which started in September 2024 and has two x 2 year options thereafter. This property would suit any astute investor's portfolio, being a Fully Leased, strong tenant, tremendous exposure, in a well know regional town returning nearly double the return that you would get from a similar investment in a major cities or town.

Coupled with the higher returns, this property ticks a lot of boxes, being located right in the middle of town which has gone through a rapid population growth and still more to come, from the affordability of property prices and cost of living, people trending to move to these regional towns.

For Immediate Sale - $610,000 ( being sold as a Going Concern)

For further information, please contact Scott Gardiner on 0415 679 112.

*Approx.

Savills Sunshine Coast
Savills Sunshine Coast
Level 5, 26 Duporth Avenue
Maroochydore, QLD 4558

Property Highlights

Floor Area175 m²
Land Area245 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019814346
Category
Last updated  
Map for 155 Palmerin Street Warwick QLD 4370

Nearest transport* to 155 Palmerin Street Warwick QLD 4370

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Bus is not available within 4km radius
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Max wholesale speed tier available: nbn® Fibre to the Premises
Savills Sunshine Coast
Savills Sunshine Coast
Level 5, 26 Duporth Avenue
Maroochydore, QLD 4558

Property Highlights

Floor Area175 m²
Land Area245 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019814346
Category
Last updated  

Listed by

More about 155 Palmerin Street Warwick QLD 4370

155 Palmerin Street Warwick QLD 4370 is categorized as Shop & Retail Property. It has a floor area of 175 m² and a land area of 245 m². The listing ID for this property is 2019814346.

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