The 2352sqm property has 2 street frontage for drive through access for large vehicles and is located on the main street on the edge of the main business area.The property has good traffic flow to both the front and rear.The building has had a complete new roof, walls, painted facade, internal repairs and painting to office area completed. The car park area has new bitumen surface plus landscaping work is to be carried out. This is a prime position with a large building that is ready for your business.
TERMS and CONDITIONS
TERM: 3 YEARS
OPTION PERIOD: TWO (2) OF THREE (3) YEARS OPTION
PERMITTED USE: WHOLESALE,STORAGE, AND RETAIL
AREA LEASED: BUILDING: 720 sqm. LAND: 2352sqm. (including building)
RENTAL: $ 33,500.00 per annum plus GST $ 2,791.66 per month plus GST.
RENT REVIEW
(during term): NIL. FIXED RENTAL
RENT REVIEW
(on exercise of option): 5%
RENT REVIEW
(during option): X CPI (cap. 5%)
OUTGOINGS: NIL. (Landlord pays rates,waterand building insurance)
LEGAL FEES: EACH THEIR OWN
RENT FREE PERIOD: ONE (1) MONTH.