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7 Cotton Street Barney Point, QLD 4680

Sold for $496,000 on 11 Dec 2024
  • 3 Beds
  • 1 Bath
  • 5 Cars
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7 Cotton Street, Barney Point, QLD 4680

House in Barney Point

INVESTORS ASSEMBLE… PRIME OPPORTUNITY

  • 3 Beds
  • 1 Bath
  • 5 Cars

Seize the chance to invest in a property that offers both stability and a strong return on investment. Located in the bustling industrial precinct of Barney Point, this property is more than just a prime location-it's an asset backed by a solid tenant.

Property Highlights:
• Passing Rent: $37,545.60 per annum + GST + Outgoings*^
• Potential Return: In the range of 7%+, making it a robust addition to any investment portfolio.
• Lease Details: Current lease extends until 17/09/2025, providing security and peace of mind for the investor.
• Tenant Profile: An extremely tidy and organised tenant with a strong, ongoing business presence in the area.
• Tenant Overview: The property is occupied by MONSON, a reputable national shipping logistics company with offices across Australia. MONSON services ports worldwide, ensuring a reliable and consistent rental income.
• Property Features: The site includes a fully concreted area ideal for off-street parking, a 2-bay garage, and a 3-bay shed-two bays of which are equipped with roller doors-offering ample storage and operational space.

As at July 2024*

This is a rare opportunity to invest in a well-maintained property with a high-performing tenant in place. Whether you're expanding your portfolio or seeking a stable income-generating asset, 7 Cotton Street, Barney Point, is a top-tier option.

Contact us today to arrange a viewing or for more information!

Land:

1,351m² / 0.33 acres

Parking:

5 garage spaces

Bedrooms:

3

Bathrooms:

1