- For sale with an 8% net return.
- Two seperate, tastefully designed industrial building comprising a ground floor showroom, 1st floor office accommodation and rear high clearance clear span warehouses.
- Professionally designed and decorated, both showroom and office accommodation has contempory fixtures and fittings, is fully partitioned and air conditioned with spacious kitchen and toilet facilities within both buildings.
- The warehousing is approximately 5 metre clear span clearance and easily accesible via a number of automatic roller doors.
- There is a spacious concrete hardstand/yard area that can be secured.
- Numerous car parks are available for staff and customers.
- The property offers highway frontage and currently houses 3 quality tenants.
- Offered as a going concern.
- Neat, solid investment.
- Central location.
- Land area 2024m2.
- 16 car parks.
- Passing income approximately $196,257.94 + GST.
- Building 1 * 568m2 leased to TME Group for 5 years expiring 16/07/2012. $100,757.94 + GST per annum.
- Building 2 * 442m2 leased to Bright Black AV for 3 years expiring 30/03/2012. $75,500 + GST per annum.
- Building 2 * leased to Concept Design Group for 3 years expiring 30/12/2011. $20,000 + GST per annum.
- Tenants pay all general rates and water rates.
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