Savills News

Pialba strata titled commercial office for sale

A fully leased 403sq m strata titled commercial office in Pialba has become available for purchase, situated in the heart of the Hervey Bay CBD. 

The space located at 5/65 Main Street in Pialba is being offered for sale through Exclusive marketing agent Andrew Clough of Savills.

The tenancy is complete with a modern style fit-out, situated on the upper level of the two storey building, overlooking Main Street.

The investment is secured on a three year lease to APM, with two further three year options to mid-September 2027.

The investment provides an incoming buyer with an estimated net income of approximately $121,772.44 per annum.

Director of Savills, Andrew Clough, said the property would suit a local or interstate investor.

APM is a leading human services organisation, providing allied health and assessment services to clients, as well as services assisting those with an injury, illness, or disability.

In Pialba, APM run an employment services program which helps locals find and maintain a job through the Australian Government’s Jobactive program.

The tenancy benefits from street level lift access from the car park, which accommodates over 40 vehicles.

“It is very rare to have a lift in a two level building, and even rarer that the doors are located directly opposite the tenancy,” Mr Clough said.

The property is located with exposure to a high level of passing traffic, and is a short distance from surrounding amenities including Stockland Hervey Bay Shopping Centre, PCYC Hervey Bay, and Bunnings Warehouse.

Expressions of Interest to purchase 5/65 Main Street, Pialba, closing 4pm Thursday 22 August 2019.

Learn more about Savills Metropolitan & Regional Sales.

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