Comprehensive Modernisation and Tenancy - This well-designed building has been thoroughly transformed from its origins as a standard factory into a contemporary and appealing commercial property with multiple tenants. It is fully leased to two reputable businesses, one of which is Vetro Mediterranean Foods - a popular destination for food enthusiasts specialising in exotic and gourmet food and beverages. Vetro Mediterranean Foods has operated from this location since 2016.
Financial Overview - The property currently generates a total annual rent of $184,474. Built-in provisions for rent reviews based on market conditions and the CPI ensure opportunities for future rental growth.
Prime Location and Accessibility - Situated on the city fringe, the property offers convenient access for customers and provides ample space for material handling as well as on-site parking for both staff and visitors.
Investment Opportunity - This is an exceptional chance for smart investors seeking a prime commercial asset. If you are interested in learning more about this outstanding investment property, register your interest with Tony Doms today for further details.
