Freestanding Retail Butcher Shop - 7.5% Net Return

This freestanding building comes with a substantial land area of 946 sqm and a successful long term tenant in place.

A butcher has occupied this site for the last 100 years and the property is subject to a commercial lease returning $13,950 per year net, expiring on the 16th of September 2024 with options.

Particulars include:
• Land area of 946 sqm
• Retail building area of 82 sqm
• The business services an average of 100 customers per day
• Approx 7.5% net return
• Well maintained property on a corner site
• Fully air-conditioned building

Charters Towers is one of the most beautiful inland cities in Queensland, with its unrivaled architecture and unique history. To many, Charters Towers is a surprising pleasure and a delight to visit.

With a population of 11,676, Charters Towers is located 130 km southwest of Townsville. Charters Towers became a gold rush town when gold was discovered in 1871. During the 1880s and 1890s, the town grew and prospered. It was a sign of the extent of local business activity, that one of Australia's few regional stock exchanges was established at Charters Towers in 1890.

Sale price: $185,000.

For further information or to arrange an inspection please contact Ray White Commercial today.

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