92-94 Woods Street, Donald

COMMERCIAL INVESTMENT- 2 SHOPS, 1 PRICE- 8.3% RETURN

$249,000 + GST if Applicable
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Description

Set in the heart of the main street of Donald is these 2 Commercial shops. 94 Woods St is rented for 5 years commencing in June 2018 at $10,404 pa with annual CPI rent increases. Currently rented to a Plumbing Business with a large modern retail and office area, 2 storerooms, a loading dock, undercover storage area, toilets, large shed, yard space and another smaller vehicle/ equipment shed. The property is well fenced with rear access.
92 Woods St is rented to a gift ware business and rented for $150pw. Some of the costs are shared between the 2 buildings. The tenants are paying the outgoings.

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