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Tweed Heads South

Expression Of Interest, Projected ROI $487,000

24-28 Tweed Office Park, Corporation Circuit

TWEED OFFICE PARK - MULTI TENANTED COMMERCIAL INVESTMENT

Commercial office investment with a projected net return $487,000

This freehold commercial property is underpinned by thirteen (13) commercial tenancies, with a projected net return of $487,000 p.a.

This quality investment has a diverse mix of government funded, national, medical and professional office businesses.

The property consists of two (2) modern, two (2) level freestanding buildings comprising of twenty (20) office suites in total.

INVESTMENT DETAIL:
- Projected net income $487,000 @ 100% occupancy approximately.
- Current occupancy 94% (1 Vacancy)
- Long leases
- Annual rent reviews

FEATURES:
- Landmark commercial building
- Site area 3276sqm
- Net lettable area 2064sqm
- Multiple income streams with well weighted lease expiry's
- Low maintenance modern freehold building
- 52 onsite car parking spaces
- Onsite management.
- Excellent depreciation allowances.

LOCATION:
- Prominent corner position in Corporation Circuit, Tweed Heads South.
- 2 Minutes from M1 entrance and exit.
- 5 Minutes from Gold Coast International Airport.

SALE PROCESS:
For sale now, by way of EOI with a deadline for formal offers of 2pm Thursday 17th August 2017.

CONTACT:
Exclusive selling agents Towers Francis Property for full information memorandum and to arrange inspection.



Features

Land Size 3276 Square Mtr approx.
Outgoings $42.22psm
Rental Return $487000 Yearly Forecast

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