19-21 Chinchilla Street, CHINCHILLA Offers Over $220,000

Dual Income Tenanted Investment.

Prominent Warrego Highway location.

Solid Brick building with polished timber floors.
- Approximately 100m2 of building plus two external toilets.
- Air-Conditioned with split systems.
- Land Area of 1,017m2 with a large rear yard and access
- New roof installed - Near new back loading deck
- Key Details are
Floor Area 100m2 Plus
Land Area 1,087m2

19 Chinchilla St. Lease 1 leased to Sheer Perfection
Current lease period 1/7/2023 to 30/6/2024 with 2 x 1 year options
Current Rent being $12,000 P/A + General Outgoings+ GST (If Applicable)
Annual Increases fixed at 3% P/A

21 Chinchilla St. Lease 2 leased to Aegis Safety
Current lease period 1/7/2023 to 30/6/2024 with a 1 year options remaining
Current Rent being $13,132.50 P/A + GST (If Applicable)
Annual Increases at 3% P/A
Moved in November 2019

Current yearly Gross is $25,000 + GST (If Applicable) Approximate Only.

19 Chinchilla St now a Net lease and 21 Chinchilla St is a Gross Lease.
Estimated Net $20,000 P/A - Approximate Only.

For inspection or more details Contact Warren Daniells on 0427 468 591.

NB: Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the above details.