91 Tanner Street - Breakwater
91 Tanner Street, Breakwater. For Sale: $2.5m
Looking for a “Juicy Investment”?
The building is nearing completion and what’s better than already having an excellent tenant from day one! With a 6.5% return locked in for the first three years, plus GST, plus outgoings. (3 x3 lease) $162,500 per annum plus GST/outgoings. I know where I would rather put my money as the financial institutions are paying around 2.5-3% on term deposits, here you will earn double that! Plus!
- 2842m2 titled land
- Brand new purpose-built warehouse with initial 3 x 3 year terms
- Brand new building with great depreciation potential. Quantity Survey Available from Agent.
- First 3 years locked in at 6.5% return on $2.5million = $162,500 plus GST & outgoings paid by tenant
- Lease will be in place so GST on sale is not applicable
- Would suit family super fund, financial investors, financial institutions, etc….
- Being only a segment of an existing business there may be other opportunities for the purchaser to pursue – open to discussion
- Inspection by appointment only.