New 10-year triple-net investment

Key details

• Returning net $1,350,000pa plus GST with bank guarantee
• New 10 (ten) year lease, with renewals
• 6,420sqm (approximately) building size
• Sitting on 10,777sqm (more or less) freehold land

The property is offered as a fully tenanted industrial investment, underpinned by a new 10 (ten) year lease producing annual net rental of $1,350,000pa plus GST.

The building has recently undergone a comprehensive refurbishment, including brand new two (2) storey offices, car park and a warehouse extension, configured specifically to suit the tenant’s operational requirements. The property benefits from strong functional attributes, including gantry cranes, substantial power supply and drive-around ability all supporting ongoing occupational suitability for the tenant and broader market. It is well positioned with prominent street frontage and efficient access, located just 900 metres from the motorway on-ramp.