A rare opportunity to purchase a large land holding in this inner western area with an 8% cap yield and on a long term lease.

Large industrial land holding of 5,554m2 (approx)
High clearance, Clearspan factory/warehouse 2,380m2 (approx)
Office, showroom and administration area 270m2
Further amenities, office and storage built in factory
Owner will lease back on a 7+5+5 year term
Current market rent $168,700 pa nett + outgoings
Rent reviews annually at CPI with market reviews at renewal dates
Quality tenant that has been trading for many years
Positioned adjacent TAFE – Inner Western Suburb
Carparking and yard space on both sides of the building
3 high clearance access doors to factory
Centre crane built in to rear of the factory
Land zoning IN31 – Industry Kilkenny