This property sits on a 3287m2 block, features of this property consist of an industrial workshop, front office comprises of a reception area, managers offices, training/board room and full amenities. The entire office space is air conditioned and has immaculate presentation. A hardstand car park with a 13 car capacity is seperate to the remaining portion of the block, which is completed in compacted gravel and sufficient drainage.
This investment property has a strong tenant on a 5 year renewable lease with a rent review each 12 months from the date of commencement.
Gross rental: $70,800.00 / Annum less vendor outgoings $7,300.00 reflecting a return on asking price of 7.94%.
All offers considered, please call Peter Greenland to discuss further.