Look at this great investment property strategically located in the heart of Kippa-Ring.

Adjacent to the Kippa-Ring Shopping Village and situated on a corner allotment in the local light industrial precinct.

A fully tenanted office/warehouse building is erected on the level 2000m2 block, and is providing a great return of $101,000 + GST per annum. There is another two years to go on the current term with annual CPI increases and a full market review prior to the commencement of the five year option available.

Currently used as a warehouse storage and distribution outlet, there is a lot of potential for an investor to purchase as a going concern and potentially occupy in the future.

A small portion of the building is dedicated to office space with enclosed offices, a tea room and amenities. The remainder of the building comprises of warehouse with storage areas, mezzanine floors and a total of six roller doors providing multiple access points. A wide awning extends across the front of the rear wing of the warehouse providing a roofed loading dock area.

The building areas are as follows:

Office section – 118m2
Warehouse – 847m2
Awning – 140m2

This is a great opportunity to secure an investment property in a strategic location with potential for redevelopment in the future, so do not delay. Call Coronis Realty now for more information on this property.

2014m2 lot
Adjacent to shopping centre
Three kilometres to waterfront
Hardstand
CPI increases
Industrial precinct
High growth area
Warehouse/office
Secure tenant on good lease
Rental reviews