Blue Chip Tenant: New 3 year Option exercised – Rent $133,361.87 pa

1.5 acre Fully fenced industrial allotment with total building GFA of over 1,000m2

The subject property comprises a 6482m2 freehold allotment in an established industrial area 4km from the CBD of Emerald.
The property is improved with several modern high clearance steel framed warehouses, incorporating an air-conditioned single level office section of 160m2.
Adjacent to the office is a concrete visitor car park area. The yard is fully compacted to hardstand, with full boundary security fencing and double access gates to both frontages.

Income
The property is tenanted by Komatsu with a brand new option just being exercised with a lease end date of 30th November 2017 with an annual rent of $133,361.87 pa GST inclusive. Plus outgoings

Construction
Quality Building and improvements two street Frontage
3 Separate Sheds in all one with Bunded concrete floor
Reinforced concrete footings
Reinforced concrete floor
RSJ uprights and roof frame
Box steel roof and wall battens
High Clearance steel frame
Colorbond Clad exterior walls to 3 sides with hebel block wall to the northern side.
Colorbond roof with skylights
Mercury Vapour lights
2 metal roller shutter doors to eastern and western sides

Office
Plasterboard Linings
Florescent Lighting
Aluminium windows and entry door
Paved car parking.
Split system air-conditioning
Offices
Male and female amenities

Services and amenities
Power, town water, telephone , CED sewerage and council cleansing services. Full width bitumen road with concrete curbing
Good frontage to highway and rear frontage to Cam street.

This Industrial property represents excellent value returns on today’s market, and with a quality long term national tenant this is a rare opportunity to purchase!