Excellent commercial warehouse on Emmet St Smithton
Current tenant is Tas Farm Equipment
Current rent is $63,000 p.a. + outgoings + GST
Tenant has just completed a ten year lease in 2011 and signed for another 5 years with a further 5 year option
Showing approx. 8.5% return
Solid investment
Tenant’s business services large surrounding rural industry
Lease increases by CPI annually and has 5 yearly reviews
Perfect for a super fund