24A Princess Street
Bundaberg East


$495,000

Property Features


Property ID: 3277783

Building Size
264 m2
Land Size
675.00 m2

Blue Chip Investment Opportunity - 8.5% Net Return on Investment


Tenant - Prosegur Australia Pty Ltd (which is a security and cash management business)
Net Rent = $42,043.93 pa plus GST as a 1/11/2020
Lease dates - 1/11/2020 - 31/10/2022
Options 1 x 2 yrs and 1 x 1 yr
Rent reviews higher than CPI or 3.5% in November of each year
Building size - 264 m2
Block size - 374 m2
Zoning - Business
Tenant has done extensive fit-out at their own cost
Located on busy Princess Street with short drive to the Bundaberg CBD