The tenant will enter into a new 5x5x5 lease with a rental of $170,400.00 pa + GST + OG. There is a 4 month bond in place by bank by bank garantee. Building Insurance and Council Rates are payable by the tenant.

The Vendor is looking for 8.5% yield.

* 2501m2 land area with 1,363.2m2 building area
* 1155m2 warehouse and 208.2m2 office
* Rental income of $163,636.32 pa + GST + OG
* 5x5x5 lease term with directors guarantees in place
* 4 month security bond – tenant in operation 22 years
* Majority of customer base is government

Sale by POA

Please contact Karen Seeto for more information on 0403 401 000 or 07 3807 0001

(YS16945)