Strong Investment Opportunity Warwick - Scenic Rim South QLD

This investment Unit is situated on the corner of Albion and Fitzroy Streets and is part of a retail complex. Albion Street (Cuningham Highway) is a four-lane carriageway and is the main traffic route through Warwick. It has prominent exposure to both traffic routes and has a total glass front. The Unit is fitted out to suit the tenant who operates a Pizza Hut franchise. A new five-year lease commenced on 1 December 2023 at an annual net income of $23,194.63 plus GST. Two by five-year options are available and the annual rent reviews are fixed at 4%. Investment properties of this size are not readily available and it offers a good opportunity for an investor to enter the commercial market. For more information please contact Shane Kennett or Matthew Keeley from LJ Hooker Commercial Toowoomba.