Bite sized tenanted investment with 6.83% yield

SOLD

1A/100-102 Donald Road

Redland Bay QLD 4165

Retail

FOR SALE

57m2

This established hair salon could be a great addition to your property portfolio.
Returning just shy of 7%* Nett pa, this strata titled unit is a great opportunity for the astute buyer.

- Hairdressing Salon on 3+3 year lease (Commenced Oct 17)
- 6.83%* Nett yield (CPI Increase to occur in October)
- Long-standing tenant on their second lease
- 50 car parks with two-thirds undercover
- Hundreds of new homes completed in the area in the past 12 months

Sale price - $185,000 (GST going concern to apply)
*Approximately