A modern freehold industrial property currently leased by ASX listed Blue Scope Steel. The building is constructed of metal clad and offers 6.9m to 7.6m clearance. Internally the building is in 3 bays and each bay is serviced by a 5 tonne crane. Vehicular access to the warehouse is provided via a variety of automatic roller doors. The underdeveloped site provides a large hardstand area allowing for easy truck access. The office area consists of a 2 storey building which is carpeted, and air conditioned.

Returns over $1 million per annum net (approx)

An ideal investment and land bank for future development.

Tenancy Details
Tenant – Blue Scope Steel
Lease Expiry – 30/6/2013
Passing income – $1,050,000 net
Outgoings – $95,000 approx (tenant pays all outgoings)
Building Area – 10,172m2 (approx)
Site area – 49,710m2 (approx)

Full information memorandum available.