Two Industrial sheds with secure tenants located in a rapidly expanding Industrial Estate. Both buildings with amenities and air conditioned offices and are securely fenced. Combined gross rent of $89,705.00 plus GST p/a.
Building No. 1: (Approx. area 502 Sq. M.)
Tenant: CCI Australia P/L – Leased to 2011 plus 5 year option. Current rent $53,705.00 p/a + GST + 50% of outgoings.
Building No. 2: (Approx. area 457 Sq. M.)
Tenant: Tyco Australia P/L – Wormald – Leased to 2011 plus 3 year option. Current rent commencing 1/3/08 $36,000.00 p/a + GST + 50% of outgoings.
Outgoings:
Singleton Council land rates – $2535.11
Water Rates, Land Tax, Insurance.