- NET income $140,000*
- Great tenant in place – manufacturing
- New 5-year lease (from 1/2/2016)
- Annual index reviews
- 3 x 3-year options
- Market review at options

Freestanding concrete slab, tilt panel and metal clad (colour-bond) building with concrete hardstand, located in the Cleveland Central Industrial Precinct.

Land area 3,296*m2; net building area 1,152*m2; this includes 180*m2 of ground and mezzanine offices which are fully air-conditioned.

The yard is fully enclosed with security fencing and there is easy entry and exit access to the warehouse area for large trucks.

The current owner has requested ALL offers be brought forward as this sale is urgent due to medical reasons and requires immediate action.

Asking price is $1,990,000 (7% yield*)
Please contact John to discuss and/or inspect.

*approximate