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NEW LEASE TO REPUTABLE TENANT

35J Maurice Road, Penrose

Industrial Buildings
dollar

$1,470,000 Plus GST (if any)

Floor area
394m2
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Property details

Listing # 4107791 | Listed on 21 April

The property has just been leased for $80,000 + GST per annum to a reputable tenant in the wholesale homeware industry. This provides the new owner with a stable income, built-in rental growth and bond security.

  • 394m² total building area (6.7m stud)
  • Returning $80,000 + GST per annum
  • Seven car parks
  • Three-phase power
  • Concrete block walls, steel portal framing, and an iron roof
  • Container drop
  • Light Industry zoning
  • Inside and out have been completely refurbished (full list on request)

The property is located very close to the SH1 and SH20 on and off ramps. It is in an absolute prime position in terms of city fringe industrial property. This opportunity suits a long-term investor looking for a property where all the hard work is complete.

For all information and viewings, please contact us today.

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