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8.5% Nett Return and 10 Year Lease!!!!

31 Isla Bank Flints Bush Road, Isla Bank

Industrial Land
dollar

$1,765,000 Plus GST (if any)

Land area
1.10ha
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Map

Property details

Listing # IV53854 | Listed on 27 June

Premium investment opportunities for the long term investors.
Milnes Transports is a long standing well known firm in the south and the decision has been made to sell the land and buildings only they operate from and concentrate on running the businesses for the next 40 years. Here in lies the opportunity for the prudent investor. Purchase the land and buildings only and you will have a new 10 year lease signed for 10 years with 3 x 10 year rights of renewal.

Milnes Transport Land and Buildings Consists of...
31 Isla Bank Flints Bush Rd Isla Bank - Approx 11031m2 incl office, large wash bays, large open sheds, large workshop and graveled yards.
4 Lindsay Calcium Rd Isla Bank - Approx 6121m2 incl large gravel yard and stock yards.
Lease Value - $150,000 plus gst per year.

Please Note: $1,765,000 + GST (if any)

Opportunities like this don't come along often so call me today to discuss how to secure.


Please note: Land and Floor area measurements are approximate, and boundary lines indicative only. All efforts have been made to source accurate information from reputable sources (i.e Regional/City councils, Propertysmarts/REINZ/Property-Guru, Core Logic etc). We cannot, however, verify its accuracy and suggest this should not replace independent clarification through standard due diligence. Note - Land and Buildings only for sale, businesses are not for sale.

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