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  5. A solid SMSF property - ROI 9.7% net, 12% gross

626 Bruce Highway, WOREE QLD, 4868

For Sale
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Property for Sale in 626 Bruce Highway, WOREE QLD, 4868

@realty

Servicing NSW, VIC, QLD, WA, NT, SA - National Head Office , Surfers Paradise, QLD 4217

Listing ID:
11387788
Status:
Active
For:
Sale
Last Updated:
24/02/2021
Price:
Sale: $870,000
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Property Type

Medical/Consulting
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Land Area

1252 SQM
Icon size

Floor Area

490 SQM
Icon parking

Parking

15

A solid SMSF property - ROI 9.7% net, 12% gross

Looking for a property for your SMSF? This could be it!
Rent out upstairs and the 5 commercial shops downstairs generating a ROI 9.7% net aprox, 12% gross aprox.

Also a great option if you are looking to have the convenience of living above your business, whilst at the same time generating additional revenue from 4 other commercial shops.

Energy Efficient:
The property has one electricity & water meter for the entire property.
There are 60 plus solar panels, 23kW solar system with a 12kW max production.
The solar system was installed in September 2015 aprox.
The transformer was replaced 2016.

Carparking:
There is ample carparking available.
Front carpark- 9 x undercover
Back carpark- Secure with electric gate, 5 x undercover, 1 x garage, 1 x undercover smaller car

Complex:
Excellent street frontage and exposure, each business has a dedicated large street signage provision.
The rear of the property is completely fenced and secure with lush edible gardens.

Upstairs:
Upstairs is of generous proportions built of solid concrete and tiles with fans, aircons, fly and security screens throughout. Total under roof is 290m2 aprox. Currently occupied by owner.
-Dining, lounge & office
-Kitchen with plenty of cupboards and storage
-4 x bedrooms
-Bathroom plus 2 toilets
-Laundry
-Expansive balcony capturing fresh breezes with views of the mountains
-Rental Appraisal $400 per week/$20,800 per annum including outgoings.

Downstairs:
Downstairs has been completely fitted out and is ready for tenancies. Each shop is 40m2 aprox, total 200m2 aprox. If a larger shop is required, the internal walls can be removed to create a larger space.
There is 2 x unisex toilets available for customers.
-Shop 1: LEASED to a Remedial Massage Therapist for 3 years at $13,000 pa inc outgoings to 31.12.2020 and $16,640 pa inc outgoings thereafter.
-Shop 2: LEASED to a Hair Salon for 3 years at $13,000 pa inc outgoings to 31.12.2020 and $16,640 pa inc outgoings thereafter.
-Shop 3: Vacant. Fitout suitable for medical, allied health, fitness, beauty, professional services/consultancy, small retail outlet. Rental Appraisal $13,000 pa inc outgoings to 31.12.2020 and $16,640 pa inc outgoings thereafter.
-Shop 4: LEASED to a Naturopath for 3 years at $17,316 pa inc outgoings to 31.12.2020 and $27,716 pa inc outgoings thereafter.
-Shop 5: Vacant. Fitout suitable for medical, allied health, fitness, beauty, professional services/consultancy, small retail outlet. Rental Appraisal $8,667 pa inc outgoings to 31.12.2020 and $11,094 pa inc outgoings thereafter.

Figures:
Rental Appraisal for entire property $104,000 per annum aprox
Projected ROI: 12% gross per annum aprox, 9.7% net per annum aprox,
Council Rates $13,198 pa aprox
Water Rates $400 pa aprox
Electricity $3,000 pa aprox
Building Insurance $4,845 pa aprox

For more details, please email agent


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@realty

Servicing NSW, VIC, QLD, WA, NT, SA - National Head Office , Surfers Paradise, QLD 4217


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