High-Exposure Warrego Highway Investment Opportunity
Secure a solid commercial investment with a longstanding business presence and exceptional highway exposure.
Property Highlights: Prominent Warrego Highway frontage
Business has operated at this address since the 1960s
Current tenant Mini Motors Chinchilla has been in operation since 2016
Agents for Honda Power Equipment, Stihl, Masport, and other leading brands
Services a large rural region
Solid Investment Opportunity – Long-Term Tenant in Place
Property Overview:
Construction: Brick building with durable hardwood timber floors on both levels
Ground Floor Area: Approx. 500m² comprising showroom, office, workshop, and amenities
Upper Level Storage: Approx. 300m² of versatile space
Workshop Upgrades: Re-stumped with adjustable stumps in 2018 for added stability
Land Area: 1,414m² with rear access via Boyd Street
Investment Details:
Current Rent: $46,800 P.A. + GST
Outgoings:
Tenant pays WDRC rates and water
Landlord pays property insurance (approx. $2,850 P.A.)
Net Return: Approx. $44,000 P.A. + GST
Lease Terms:
Lease in place until 31/12/2025
2 x 2-year options available
3% annual rent increases
For more information, contact the Exclusive Marketing Agents:
Krista Paterson – 0427 263 579
Warren Daniells – 0427 468 591
Property Type - Showrooms/Bulky Goods
Land Area - 1414m2
Contact Agent to arrange inspection
Get in touch with our team at First National Real Estate Surat Basin Chinchilla