103 RICHMOND STREET, MARYBOROUGH

FOR SALE
$448,000 (plus GST if applicable)

FREEHOLD INVESTMENT PROPERTY 7.5% return

Situated on a busy CBD corner locality is this prominent freehold property which is now offered to market as an investment property. Currently leased and occupied by well-established company, Bee Mart Enterprises who are one of Queenslandc_™s largest wholesale and retail suppliers of fruit and vegetables with multiple locations throughout Australia.
The property has a standout locality and has been successfully operated as a produce outlet for decades and sits ideally adjacent to a large council car park.
The property has a gross under roof floor area in the vicinity of 480m2 with a total land area of 589m2.
The property comprises a front retail customer service display and sale area, large sorting area at the rear, office plus multiple cold room storage space, all of which have high clearance door access and hard stand area allowing for forklift operations.
The property owner is wanting to retire and is now offering the buyer a secure three year lease term with options showing a net return in the vicinity of 7.5%* based on the asking price of $448,000.00 (plus GST if applicable).
If you are considering a simple no fuss low maintenance investment property with a long term secure tenant, do not hesitate to contact Wal Pavey Real Estate for further details and inspections.
*Approx.

  • Property ID: 3859
  • Occupancy: LEASED
  • Whole or Part Building: PART
  • Frontage: s
  • Available: Available: Now
  • Property type: RETAIL
  • Listing type: FOR SALE
  • Land Size: 589 Square
  • Buiding Area:480 480 Square
  • Outgoings Paid by: TENANT
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Wal Pavey Real Estate
MARYBOROUGH QLD 4650

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The Wal Pavey team has been incredible in assisting us to secure the purchase of an investment property in Maryborough! Friendly, approachable and thorough, we will certainly be working with them again

- Fernando do Campo

Thank you for your assistance throughout the process. We have not heard anything from our solicitor, they have not responded to any of our emails and they won’t take phone calls. Unless you emailed us we would not even know it has settled. Very upsetting. So once again Thankyou for keeping us updated.

- Danielle and Darrin

Having read the testimonials re Cindy Pavey I agree with them all. Possibly Wendy's with minor a alteration suits my opinion best that being: After spending many years communicating with other estate agents in Maryborough, I finally had the pleasure of meeting Cindy Pavey. I found Cindy polite and professional but more importantly Cindy was prompt, kept to her word and continually liaised with me throughout the buying process. After having dealt with many other agents in the area, an aspect of Cindy’ professionalism that impressed me most was that she would respond to emails or telephone messages in a prompt and timely fashion. This, I have found, is a trait that is lacking in some other agents within the Maryborough region and as a seller is extremely frustrating. Regardless of how busy she was Cindy always made time to assist me or answer my questions. I would absolutely recommend Cindy Pavey from Wal Pavey Real Estate. NOTE: I approached Cindy with a massive problem. Her words to me were 'leave it to me' within a week she had a buyer. My problem was solved.

- Raymond & Marisa