Sold

1/57 Cordwell Road,
Yandina 4561, Queensland

571m² land size
571m² building size
Industrial/Warehouse

$1,000,000


Property details

LONG TERM TENANTED INVESTMENT FOR SALE | 6.5% NET RETURN

Emily Pendleton from the Ray White Commercial Northern Corridor Group is pleased to present Lot 1 at 57 Cordwell Road, Yandina for sale by Private Treaty.

Tenanted by Yandina Motorcycles, a motorcycle, and repair shop that has been trading at the site since 2008. Long-term continuation of the lease is assured, as the tenant has operational rights on the weighbridge business which is exclusively on title for this property and generating considerable income to the tenant.

Features:
- Current net rental of $70,000 P/A
- New lease commencing on 07/02/2022 for 3 x 3 years
- 100% outgoings paid by the tenant
- Established tenant on-site for over 14 years
- Prime location at the front of the small industrial complex
- The tenant has rights for the weighbridge business which will be sold with the property (exclusively on title)
- Ample car parking and hardstand
- Located just off the Bruce Highway

For further information on this outstanding opportunity that will not last long please contact the exclusive marketing agent Emily Pendleton on 0402 435 446.

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