Passive Commercial Investment Deloraine
3 Established Tenancies | Approx. 10.5% Return
Freehold passive investment with established tenants in place.
This commercial property comprises three long-standing tenancies including a bakery, a retail shop and a 3 bedroom apartment. The bakery is the only bakery operating in Deloraine, is a hive of activity enjoying a high turnover, providing strong tenant covenant and income security.
Positioned on a large allotment within the main commercial strip, the property offers a genuine set-and-forget investment with strong cash flow and minimal landlord responsibility.
On-site parking for approximately seven vehicles.
Investment Summary
Gross Rental Income: $99,800 per annum + GST
Indicative Yield: Approx. 10.5%
Outgoings: Largely paid by tenant
Tenant Contribution: Approx. 60% of rates, land tax and TasWater
Landlord Outgoings: Building insurance only
Property Details
Title: Volume 250999 / Folio 1
PID: 6261674
Land Area: 1,110 sqm (approx.)
Zoning: General Business
A tightly held commercial asset in a strong regional centre offering high yield, solid tenant security and low holding costs. Well suited to investors seeking reliable passive income.
Enquire today for a confidential discussion, information will be supplied to qualified buyers only. Do not hesitate to contact Praveen Pant on 0432 256 682 or contact Paul Scott on 0477 771 098 email: pauls@businessbrokersnetwork.com.au
INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. NOTE: All figures are approximate.
Queensland
Australia
Talk to Brokers that know business
Business Brokers Network Australia is the largest Business Brokerage in Australia, with over 85 Business Brokers in all states of Australia in over 65 business locations.
Many BBNA Brokers are specialised in vertical markets, eg Medical, manufacturing, Accommodation, Legal, Hospitality etc. Many have spent years running or managing their own Businesses so have first hand knowledge on what makes businesses successful and unsuccessful.
To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.
Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.
To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.
If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking.
email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14
View other listings by this business
$950,000
Get In Touch :