Commercial Building in Hervey Bay

This Commercial Building is located on a busy main road location in Hervey Bay.

Situated on 3186 m2 of land

The current tenant has been there since 2009, in part of the building and is now leasing all of the building

Good Long Lease

This Commercial Building is located on a busy main road location in Hervey Bay.

Situated on 3186 m2 of land

The current tenant has been there since 2009, in part of the building and is now leasing all of the building

Details of the leases below.

1. Lease 1 is for suites 1,3,4, and 5 (approx 1250M2 @ 167,616.72 + GST base rental per annum) + 4% fixed annual increase – this lease started 1 January 2021.
2. Lease 2 to is for suite 2 (approx 250M2 @ $5,730.40 + GST per month =$68,764.80  base rental per annum) + 4% fixed annual increase – which is the new tenancy – previously was MBO Office supplies – this lease started 1 Nov 2022.
3. Both base leases are aligned together and will finish on 31 December 2025
4. Both leases have a further 5 option – both options run together, and will start from 1 January 2026.
5. The rear carpark which is exclusively for the tenants of the property – and is also part of the sale price.