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Retail Sold in Caboolture, QLD1-10/39 Mortimer St

SOLD
  • Building area 1254 sqm

$2,100,000 (7.3%) 10 X Leased Modern Townhouses (In-One-Line)

Property ID 1999946
Ray White Commercial (QLD) are pleased to exclusively offer 1-10 / 39 Mortimer Street, Caboolture QLD for sale at $2,100,000 (7.3%).

This offering represents the opportunity to secure a multi-tenanted, leased investment comprising 10 modern townhouses.

Highlights include:
• 8x3 bed, 2 bath and 2x2 bed, 2 bath townhouses, built circa 2012
• High level of occupancy with long term tenants
• Low maintenance asset in very good condition
• Significant depreciation benefits
• Strata titled allowing for individual sale
• Located in one of the fastest growing regions in Australia, Caboolture is forecast to experience 2.50% annual population growth for the next 25 years^
• 300m to Caboolture train station, 600m to Caboolture commercial hub, 1.7km to Bruce Highway
• Rental income of $152,880*pa

As the exclusive marketing agents we look forward to assisting you with your enquiries.

Investment data

Key Information
Tenancy Status Currently Tenanted
Annual Yield (Gross) N/A (Marketed Without Price)
Annual Yield (Nett) N/A (Marketed Without Price)
Title Scheme Not Applicable

The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.