Freestanding tenanted investment with long term lease

25 Kingston Street Gulliver is offered to the market with a long term lease in place with My Masseur Townsville.

The property is located in the centrally located suburb of Gulliver, nearby TAFE Townsville and easily accessible for customers from all across Townsville.

Property details include:
• Building area: 225 sqm
• Land area: 389 sqm
• Zoned: Neighbourhood Centre Zone (Commercial)

The internal layout features:
• Large reception and waiting area
• Six treatment rooms
• Three bathrooms, including one disability accessible bathroom with a shower
• Full-size kitchen
• Laundry

Additional improvements include:
• Near new 19.5KW solar system with battery-ready inverter
• The majority of the air conditioning equipment has been replaced in the last 2 years
• Partial roof replacement carried out with the roof in good condition
• 3-phase power
• Termite barrier in place

Lease particulars:
• Tenant: My Masseur Townsville
• Current lease term: Expires 31/12/2030
• 3-year option
• Rental: $57,126.33 per year + GST
• 100% of outgoings payable by the Tenant

For Sale at Offers over $850,000 (Going concern, no GST applicable)

Contact marketing agents RWC Townsville for more information.

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