Property Details
Unit 1, 76 Kortum Drive, Burleigh Heads, QLD 4220SOLD - Property ID: 1554

A Grade Investment. Dual tenancy unit. First time Offered to market.



Property Detail Summary
Building Area:186 m²
Occupancy:Tenanted
Parking Spaces:4 Onsite
Sale Price:$515,000 (NO GST)

Fronting Kortum Dr, with exposure to Reedy Creek Rd, comprising dual tenancies, neither of these tenancies have ever been vacant for long due to their prime position.

Both units are on one single title & each units has 2 allocated car parks.

Unit 1

Ground Floor Unit of 84 m² Leased to Bulletproof Makeup Studio on a 3 Year Lease + 3 Year Option, commenced 1/6/17 at $17,180.40 P.A. + good contribution towards Outgoings.

Unit 1A

First Floor Unit of 84 m². Leased to Lowing & Bushe Real Estate Pty Ltd on a 2 Year Lease + 1 Year Option, commenced 1/6/18 at $18,000 P.A. + 50% Outgoings.

Outgoings

Rates - Approx. $2,607 P.A.

GCCC Water - Approx. $1,179 P.A.

Body Corp - Approx. $1,316.86 P.A.

Zoning - Low Impact Industry.

This property makes a sound investment with reduced risk, by comprising 2 tenancies on one strata Lot.

Call us for details of similar properties.

Locality MapUnit 1, 76 Kortum Drive, Burleigh Heads, QLD 4220
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