Long term blue chip tenant provides security for this investment with a nett return of 9.4%. The cold room storage facility has been leased by a major dairy foods wholesaler for in excess of 10 years. Features include-
- 4452sqm property on 1 freehold title, zoned light industry
- Modern complex with 6m x 12m cold room (run at 0.5 degrees Celsius); anti-room (runs at 8-10 degrees Celsius); double light vehicle loading docks; heavy vehicle unloading dock with pressurised air curtains; new cold room compressor, motors and internal units
- Office, toilet and storage area
- Security fenced, old storage shed, concrete access and reversing bay
- Easily accessible off the heavy vehicle by-pass
- Excess land suitable for future expansion or construction of a separate facility for a compatible tenant
- 2 year lease with a 2 year option
Two distributors service various retail outlets in the towns of Ayr, Home Hill and Brandon. Ayr is just 85km South of Townsville and 100km North of Bowen and has a population of approximately 8500 with facilities to suit a growing town including large supermarkets, modern hospital, several state and private schools as well as many other medical facilities and a wide variety of specialty shops. The Burdekin Shire has over 80,000ha of irrigated farmland and a population of nearly 20,000. Ring Jack Slaney on 0747837522 to find out more.