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8508 Brisbane Valley Highway, HARLIN QLD - Auction 137 MLB
Brisbane Valley Highway, Harlin
CIRCA 9% YIELD
Price
308sqm
Size
retail
Description
- 15 year lease to 2033 + 1 x 5 year option to 2038 - Long term lease to established Caltex operator - Fixed 4% annual rent increases - Land area: 2,024 sqm, over two separate titles, highway frontage - Brisbane Valley Hwy. links the Warrego & D?Aquilar Hwys - Harlin Roadhouse 1.5 hours approximately north-west of Brisbane - Tenant pays all outgoings, as per the lease, including Land Tax and building insurance - Tenant pays extra rent equal to 10% of future improvement costs - Net Income: $129,792 pa + GST OFFERS CIRCA 9% YIELD