Located in the main street of Pittsworth, in the heart of the main shopping area.
Corner of Yandilla & Short Street, at the roundabout area.
2 Titles - Total area 1334 sqm
The tenanted premises fronting Yandilla Street has an area of 711 sqm and is tenanted by National Australia Bank, new 3 year lease (as of July 2019) with an option to renew for a further 3 years has been agreed between both parties.
The adjoining vacant allotment, on the corner of Short & Railway Street has an area of 623 sqm. The Owner will consider selling this parcel of land separately.
The building comprises of a large open plan area plus has an additional 3 separate rooms, separate kitchen, separate storage room and amenities area. There are 3 air conditioner units. A carport located at the back of the building and off street parking is available.
The negotiated rent is as follows:
$43,000 + GST per year + outgoings
3% increase the 2nd,3rd,4th,5th & 6th year
Outgoings are paid by the tenant as follows:
Water Access: $400/annum
The Tenant is responsible for the servicing of the air conditioning (not replacement)
(NOTE: No Information Memorandam available)
AS A WHOLE $675,000 + GST if applicable or
COMMERCIAL LAND ONLY - 623 SQM - $120,000 + GST if applicable
LEASED COMMERCIAL ONLY - 711 SQM - $575,000 + GST if applicable
For more details, please email agent