A new tenant with a 3 + 3 + 3 Year lease with 3% Annual Increases
Price Reduced to Offers Over $900,000
The property has been very well renovated and refurbished and will make a very solid investment. Located within the CBD or Main Street area of town being just a 100m from the Post Office, banks and coffee shops. Solid Property in Great Central Location.
• Building Area 384m2 on 685m2 block. • Totally renovated or refurbished. • Fully Air Conditioned. • New carpets through out. • High ceilings with superb lighting • Rear loading access bay • Onsite and ample street parking • 6.6 Kw Solar System installed
This property is like Near New and and presents extremely well.
New Lease Lease Value of $70,000 P/A + GST Net with 3% Annual Increases Outgoings of Approximately $12,000 (Rates, Insurance and Property Management Estimate) Lease Start Date 1/7/2024
Tenant Information
CUC Western Downs is a new facility in the region and is associated Country University Centre nationally.
The CUC is a federally funded rural university study / support hub to support further education.
This project will also be supported by a number of Industry / Foundation Partners, these being CS Energy, Cameby Downs Coal, Shell QGC, Origin Energy and Western Downs Regional Council.
This project was an initiative of the CCCI being the Chinchilla Community Commerce and Industry Inc.
For further details contact Exclusive Marketing agent Warren Daniells on 0427 468 591 or Krista Paterson on 0427 263 579..
NB: Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the above details.
