Yield 9 9.5%

Returning $15,459.77 per month ex GST
Outgoings paid by Tenant

Returns are due to increase by 3%
in September and December 2008.

Lease (1) until 2013 with 2 x 5 year options
Lease (2) until 2010 with 3 year option

Build/completion date 2003 with depreciation on
building as per ATO schedule. (Independent financial
advice should be sought in line with your personal situation).

A good investment secured by State Government Tenants and located in the central area of Wellingtons central business district, opposite Wellington Shire Council Chambers and swimming pool. The surrounding development is hotels, retails shops and housing.

Frontage is 40.44m and the depth is 100.48m x irregular with a total area being 4060m2. The land is generally level and an area of approximately 1000m2 is vacant and could be used for future development or sold.

The building is a modern single story office complex with sealed car parking, security fencing with automatic gates. Construction is brick with metal roof, aluminium windows, ducted energy saving air conditioning, lighting, full amenities including lunch room and shower facilities.

Tenure is freehold, contained in Certificate of title Parish of Wellington, County of Wellington, Shire of Wellington.

Zoning is (3) Conservation area under the shire of Wellington Local Environmental Plan. There is an easement right of way that is 3.66 metres wide and over part of the eastern boundary of the land.

D.A for commercial premises offices was granted on 14 January 2003. The building was completed ready for occupation by the Department of Infrastructure and Natural resources and N.S.W Minister of Primary Industries in September 2003.