74 Takalvan Street Svensson Heights QLD 4670

Shop & Retail
Sold, $550,000

Affordable Optometrist Retail Investment. Recent 7 Year Net Lease.

Bundaberg city serves a population of 100,000 people.
Recognised as a vital regional business hub for QLD, Bundaberg boasts a wide variety of vital infrastructure.
Modern freestanding building with parking at front.
Substantial fit-out featuring offices, consulting rooms & generous retail space as well as a rear outdoor area.
High exposure to the Isis Highway opposite freestanding Supercheap Auto store.
Net Income: $32,612 pa + GST.

Recent 7 year leases to 2023 + options to 2028.
Established tenants with strong trading positions.
High profile retail properties in strong capital city and regional locations.
Popular medical retail investment asset class.
Net leases: tenants pay usual outgoings, as per leases.
The tenant, IPIC Pty Ltd, is the owner of George & Matilda Eyecare, a dynamic Australian owned optometry collective.

Investment offerings within this portfolio are (to be sold individually):
Ascot (Brisbane) QLD
Gympie QLD
Noosaville QLD
Port Macquarie NSW
Wauchope NSW

AUCTION

Auction date and time	06/12/2016 10:00
Auction location	Doltone House Hyde Park

Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	6 Dec 2016
Sold Price	$550,000
Floor Area	Ask Agent
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2013197539
Category	Shop & Retail
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