Located in a sought-after area of town, 12 Melton Street boasts a prime location next to Drakes Supermarket, directly across from the Biloela Library and Church. Divided into three separate shops with a total underroof area of 187.18m2 approx., this versatile premises offers endless potential for investors or business owners alike. Each shop has 2 toilets and plenty of client parking directly out the front of the premises. There are 3 parking spaces at the rear of the property.
Current tenants include insurance, health and beauty services, showcasing the diverse range of possibilities for this space.
Shop 1:
- Hair Salon
- Monthly Rent: $830.00 per month (GST not applicable)
- Lease: Periodic
- Sqm Under roof: 48.18m2 approx.
Shop 2:
- Massage and Kinesiology
- Monthly Rent: $1,052.55 per month (GST not applicable)
- Lease: Periodic
- Sqm Under roof: 66m2 approx.
Shop 3:
- Insurance Brokers
- Monthly Rent: $1200.00 per month (GST not applicable)
- Lease: 3 year + 3 year options with 3% rises annually
- Sqm Under roof: 73m2 approx.
With its strategic location and established tenancy, 12 Melton Street presents a lucrative investment opportunity. Don't miss your chance to capitalise on this prime commercial space in the heart of Biloela. Contact us today for further details and to arrange a viewing.
Council Rates: $4,035 per half year approx.
Insurance: $3,735 per year approx. (due for renewal September 2024)