This long-term tenanted investment property located on the outskirts of Toowoomba represents an excellent opportunity for an astute investor. Showing an 8.00% per annum gross yield, plus capital growth, with an existing lease in place until 2023 with another 5-year option to extend, 366 Anzac Avenue is ripe for the picking.
The facility itself is positioned on a 6,609 sqm. block with a 1,500 sqm. shed/workshop plus 200 sqm. showroom/office space. There is more than 4,000 sqm. of concrete and hardstand area, ideal for all-weather access and loading of semi-trailers. Within the shed/workshop there are extra high sliding doors for truck access and an undercarriage servicing area as well as in-floor steel stripes for straightening truck bodies. The flooring in the workshop and mezzanine area is also load rated for storage.
Features include:
- Approx. 8% Gross Return
- Lease in place until 2023 with a 5-year option
- 1,500 sqm. shed/workshop
- 6,609 sqm. fully fenced block
- 200 sqm. showroom/offices
- Extra-wide gates to allow heavy vehicle access
- Includes extra high sliding doors for truck access
- Undercarriage workshop servicing area
- In-floor steel stripes for straightening truck bodies
- Workshop mezzanine floor is load rated for pallet storage and includes an upstairs office
- Approx. 4,000 sqm. of concrete and hardstand area, ideal for all-weather access and loading of semi-trailers
To arrange an inspection or learn more please contact Leon Carlile on 0418 795 484.