23 Watson Street Cunnamulla QLD

Affordable, High Yield ASX Investment $950,000 (8.23% return)
• Secure leases to one of Australia's best-known company's
• Options to 2038
• Elders a dominant position providing vital regional supplies
• ASX listed tenant with 187-year history
• Modern buildings with large land holdings
• High profile locations
• Tenant pays all usual outgoings (excl land tax)
• Annual CPI rent increases (capped at 3%)
• Valuable depreciation benefits
• Easily managed single tenant investment

Net Income: $78,218 + GST

Asking Price: $950,000 (7.90% return)

Depreciation: Up to $606,000 available
Features
  • Air Conditioning
  • 3 Phase Power
  • Retail
  • 2,213 sqm
  • 403 sqm

Agent Details

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