Property Details
Unit 1, 4 Leda Drive, Burleigh Heads, QLD 4220SOLD - Property ID: 1553

A Grade Investment. Dual tenancy unit. With new Leases in place.



Property Detail Summary
Building Area:105 m²
Occupancy:Tenanted
Parking Spaces:3 Onsite
Sale Price:$485,000 (NO GST)

This Strata titled Front Unit has had only 1 owner since 1995. Offering prime position within the complex, 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.

Unit 1

Front Unit of 52.5 m² Leased to Leda 4 U Snack Bar on a 3 Year Lease , commenced 1/6/18 at $22,433.40 P.A. + 50% Rates & 50% Body Corp fees + 80% GCCC Water fees.

This unit has had a snack bar tenant for the last 20 years. An In ground Grease Trap & LPG gas compliment the unit for it.s current use.

Unit 1B

Located directly behind the above Snack Bar this unit is also 52.5 m². Leased to Susan.s Furnishings on a 3 Year Lease, commenced 1/6/18 at $11,400 P.A. Including Outgoings. This tenant has been in situ for close to 20 years.

Outgoings

Rates - Approx. $2,307.20 P.A.

GCCC Water - Approx. $1,223.56 P.A.

Body Corp - Approx. $1,752.30 P.A.

Zoning - Low Impact Industry.

This property makes a sound investment by comprising 2 tenancies on one strata Lot.

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Locality MapUnit 1, 4 Leda Drive, Burleigh Heads, QLD 4220
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