Anchored by 2 x State Government Tenants and Public Listed companies
2 x buildings with commercial offices & retail/warehouse facilities
Long term leases under full management
Surplus land with current Development Approval for 5 executive town houses
Net rental of $325,000 (approx) pa plus substantial depreciation benefits
All outgoings are recoverable
Centrally located in NSW “coal mining country”, 3hrs from Sydney, this secure multi tenanted, and fully managed commercial investment has strong cashflow and further development potential.
This property benefits from 100% occupancy and long secure leases to top tenants. Two separate buildings accomodate 8 commercial office and warehouse tenancies and recent major refurbishments offer substantial depreciation benefits. All tenants on long term leases, including two new 5 and 6 year leases to State Government commencing in 2010
Owned by an interstate family company for the past 20 years….Genuine opportunity here for a private superannuation fund or investor to aquire a fully refurbished & locally managed, investment.