Over $20,000 Nett Per Month

On offer is this freehold investment of this property, which has had the same tenant for over 30 years. It is not reliant on tourism, weather or mining and there are no bathrooms to upgrade or driveways to re-bitumen.

Business been operating for approx. 38 years
Strong, reliable well established business
20 year lease in place
Optus have a 20 x 20 year lease for telecommunications tower
Optus income has 3% fixed increase yearly
4bedroom caretakers home and office
Large open plan warehouse

NB: Property inspections are by appointment only

Listing Ref	INV006408
Property Type	Special Projects
Sale Type	Freehold Passive Investment
State	QLD
Region	Central
Suburb	Kensington

Price	$2,272,000