• Two 132m² Freehold Cross Lease titles with car parking (264m² building)
• Extensive food-grade fitout with entrenched tenant
• Very popular complex of units with good access and parking
• Current rental $90,000 + GST per annum
• Long term lease
• Light Industry zoning
• No body corporate, control your own building insurance, roof, etc.
• Iron roof and concrete block walls
• Genuine lease with built-in rental growth
• Option to split the titles and sell/lease separately down the track
• 10% share in 7,200m² of land
The two warehouse units have been completely renovated top-to-bottom to suit the tenant’s requirements. With an initial set-up cost of over $700,000, this tenant won’t be going anywhere anytime soon.
This opportunity could suit a long-term investor looking for a property that's had all the hard work completed. All you need to do is sit back and collect the rent.
For all information and viewing arrangements, please make contact today.
See this listing on Barfoot & Thompson
