Overview
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1314677
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Sold!
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425 Square metres
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377 sqm
Description
All offers over $950,000 will be considered
McGees Property Brisbane Metro Sales are appointed as Exclusive agents to offer For Sale 68 McDowall Street, Roma QLD.
This property, anchored by a blue-chip tenant, Westpac Banking Corporation, represents a unique and unparalleled investment opportunity. Its prime central location on the town's main road, combined with its advantageous positioning near Roma's primary shopping complex and airport, makes it a standout asset in the region. The property promises both immediate returns and long-term growth, making it an essential acquisition for discerning investors.
Benefits and Features of the Property:
• Blue Chip Tenant: Westpac Banking Corporation, a leading and trusted name in the banking sector.
• Prime Central Location: Advantageously situated on the town's main road, ensuring high visibility and accessibility.
• Steady Income: A net income of $90,000 pa* + GST as of 13/09/2023.
• Guaranteed Income Growth: Annual fixed compounding 3% rent increases.
• Freehold Advantage: 100% freehold property spanning across two lots.
• Strategic Positioning: Located just 90m from Roma's largest and only shopping complex and a mere 2.5km from Roma Airport.
• Banking Exclusivity: One of the few banking branches supporting Roma and all neighboring towns.
• Tenant Benefits: Tenant covers all outgoings, excluding land tax.
• Lease Duration: Property leased until 31.01.2026 with two subsequent five-year options.
*approximately
Please contact us for the information memorandum, access to the due diligence material, and to arrange for an inspection.
Disclaimer: The information contained herein has been obtained from sources which we believe to be reliable and therefore have no reason to doubt their accuracy. The Vendor and the Agent will not be held liable for any error or misdescription which may appear in its contents. Prospective purchasers are advised to undertake their own investigations.
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