Situated in the heart of busy Rene Street these two buildings comprising two units in each are fully tenanted. There is an opportunity to separate the lot into two individual lots and strata title or alternatively redevelop the site. Billabong Pools who have been a long term tenant at 18 - 20 Rene Street have signed new 3 year leases on the three units they occupy and a new tenant has been secured for unit 2 with the lease commencing on the 1st January 2021
+ Income fully tenanted $111,685.34 per annum (approx) net
+ 2 concrete block buildings of 512sq m each on 2,022sq m Lot (sizes approx)
+ Separated into 4 tenancies (not strata titled)
+ 2 tenants - 3 of 4 tenancies leased by Billabong Pools
+ Central Rene Street location great exposure
+ Substantial car park at rear
Call or email Tracey Ryan or David Brinkley to inspect the property or find out about other suitable options.
Our team is strategically located in two offices across the Sunshine Coast region and is ready to handle your commercial, industrial and retail property needs today so call or email now.
For more details, please email agent