 Asset Class: | Retail |
 Price: | $ 1175000 |
 Net Yield: | 8.65 % |
Net Yield - including solar strategy: | % |
 Property Market Status: |
<p style=""><span style="font-weight:normal;">Presenting a strong performing, high-yielding retail investment opportunity in </span><span style="color:rgb(51, 63, 72);padding-left:0px;font-style:inherit;font-weight:normal;margin-inline-start:0px;">5 Bright Avenue, </span><span style="color:rgb(51, 63, 72);padding-left:0px;font-style:inherit;font-weight:normal;">Arcadia, QLD 4819. </span><span style="font-weight:normal;"> </span></p><br><p style=""><span style="font-weight:normal;">The property is a freehold property on Magnetic Island. Magnetic Island is a nature lovers paradise just 20 minutes from Townsville, North Queensland. Consisting of a total 417 sqm* building area configured into six (6) tenancies. The property offers a great mix of tenants which include a mini mart that sells fuel, one of only two on the island, bakery, cafe, hairdresser and allied health services.</span></p><br><p style=""><span style="font-weight:normal;">This investment offers investors the opportunity to secure a well presented and strong performing asset with a WALE of 2.75 years. Don't miss the chance to capitalise on this high-yielding investment opportunity to purchase a tenanted investment </span><span style="color:rgb(0, 0, 0);font-weight:normal;">set to provide its investor a net income of circa $101,631* per year.</span></p>
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Magnetic Island is a nature lovers paradise just 20 minutes from Townsville, North Queensland. <br><br>We might be biased, but we think we’ve got it all: 23 bays and beaches, kilometres of bushland hikes, the largest colony of koalas in Northern Australia, fringing coral reefs, world-winning tour operators, an emerging foodie scene, spectacular natural surrounds, and 320 days of sunshine each year. Whether you want to unwind in the wilderness at an eco-resort or chase those laid-back resort vibes, prepare to create your dream escape<br>on Magnetic Island.
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Offer To Purchase:
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">High-Yielding Property with multiple tenants - Cash Flow and Diversification </span></p></li><li style="list-style-image:none;color:rgb(51, 63, 72);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Land area of 2,024 sqm*</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Building area of 457 sqm* configured as 6 separate tenancies</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Fully leased with a diverse mix of retail tenants (mini mart, fuel, bakery, cafe, hairdresser and allied health)</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Development upside with balance land (STCA)</span></p></li></ul>
