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Retail

70 Kariboe Street Biloela, QLD 4715

Sold for $452,500 on 4 Jul 2024
  • Building: 295m²
  • Land: 379m²
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Retail in Biloela

12%* Gross Return - Fully Leased Investment

  • Building: 295m²
  • Land: 379m²

With a high profile national tenant this fully leased investment offers a suburb entry level commercial property opportunity. Located in the heart of the Biloela CBD, the building sits on an corner site with high profile to Kariboe Street.

  • Current rent $61,800pa*^ excluding GST
  • Current lease expires 31/1/2026
  • Two (2) further two (2) year options
  • 3% annual increases
  • Tenanted to ANZ bank
  • Prominent corner site
  • Surrounded by local government, service businesses and other major banks

*Approx
^As at February 2024

Building:

295m²

Land:

379m² / 0.09 acres

Zone:

Centre

Tenancy:

Tenanted

Categories:

Retail, Offices

70 Kariboe Street, Biloela, QLD 4715