Two titles to be sold as one Parcel.
Lease to one tenant till 2017 plus options.
50 Farrall Rd & 34 Elmsfield Rd, Midvale
Zoned “Service Commercial”&”Light Industrial”
Total land area 4501sqm

Lease commencement 22 Oct 2007
Rent reviews annually on 21 October
2008 to 2011 & 2018 to 2021 – 2%
2012 & 2017 – Market
2013 to 2016 & 2023 to 2026 – CPI
Both properties have an Easement Burden to the Water Corporation under section 27A of the TPDA shown on diagram 91682

FURTHER DETAILS

50 Farrall Road – Zoned “Service Commercial”

Improvements comprise approximately 392sqm steel frame shed incorporating approximately 65sqm office & approximately 73sqm canopy set on a corner location site of 2000sqm of land.

34 Elmsfield Road – Zoned “Light Industrial”

Improvements are a brick office showroom area of approximately 466sqm with a steel frame shed comprising approximately 477sqm of warehouse and approximately 260sqm of concrete mezzanine set on a site of 2501sqm of land.