Excellent investment property leased to Newcastle Caravans returning
$223,701 per annum nett with as new building and additional development potential for the remainder of the site, featuring:
* Lease term 5 x 5
* Total building envelope 838.5m2
* Building area includes offices, showroom, spare parts, workshop
* Additional 180.6 m2 of mezzanine with board room and storage
* Land size 8876m2
* Potential for further development of site to increase income
* As new building with depreciation schedule available upon sale
* $223,701 nett rental per annum
* Lessee pays 100% of outgoings
* New commercial subdivision location