Sold

74 Abbott Street,
Oonoonba 4811, Queensland

10 car spaces
857m² land size
210m² building size
Retail

Price withheld


Property details

Freestanding drive thru retail building with 5 year lease

• 5.5 + 5 + 5-year lease to Cignall

· Commenced 01/10/2020 (expires 31/03/2026)

· $61,200 per annum gross + GST

· Rates and insurance are: $8,500 per year

· Net income $52,700 + GST

· 9-month bank guarantee

· 2 x directors personal guarantees

· Fixed 2% annual increases, FMR at option.

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