371 Kent Street MARYBOROUGH QLD 4650
$1,850,000

DESCRIPTION

Located in a prime high profile position in Maryborough CBD, this substantial building is currently returning $249,136 p/a gross showing a return of 11.2%. At present there are just three vacancies which when tenanted would add a further $34,000 p/a (approx.) bringing the return to 13%. Outgoings are approx. $42,000 p/a.
The building has been well maintained and has the managing agent on site. Good tenancies with fixed leases in place, ranging from retail outlets, telecommunications and professional offices, provide a secure and sound income stream.
Property Code: 1349