8-10 Victoria Street Biggenden. QLD
Fantastic 8% ROI Opportunity
This property should not last long. The current owners/occupier would like to sell the freehold of the property to an investor. A new lease will be drawn up prior to settlement. Rental income is currently $1970.00 Per Calendar Month. With dual road frontage and a huge 25m shop frontage onto Victoria Street, this property stands out from the rest. The building has recently had the hardwood stumps replaced where necessary and a new roof, guttering and insulation installed. A new 6Kw back to grid solar system has also been installed. The main showroom is approx. 40m long x 10m wide. With staff kitchen and amenities area. There are two office spaces one of which has been converted to a storage area and the other is constructed using cool room panelling and is air conditioned. There is also another lockable 3m x 3m Show room.
Along side the main shop is a 10m x10m Shed with concrete floor which is current being used to store bulk quantities of stock feed in pallet racking.
Off the side of this building is a lean to which the current owners are hoping to develop into a plant nursery. At the rear of the property is another large open front shed which is currently used for storage and LPG refill station. The property is fully fenced and offers a lot of future potential
Call Andy today 0408 462 714 to arrange your private inspection

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