



Offered to the market for the first time in years, Unit 3/3 White Place presents a rare opportunity to acquire a quality industrial asset with income security in place from day one. Comprising approximately 399 sqm of well-configured industrial space, the property features a functional showroom, mezzanine level, 16 solar panels and 100 amp three-phase power. Infrastructure that adds genuine operational value and broad appeal to a wide range of tenants and future occupiers. Along with 10 on-site car spaces, the property supports strong tenant retention and excellent re-letting potential. The property is currently leased on a long-term basis, with the tenancy running to 31 March 2030 and a further 5-year option, providing a purchaser with clear income visibility to 2030 and potentially through to 2035. Investment Highlights: - Quality 399 sqm industrial investment - 16 solar panels - 100 amp three-phase power - Secure income to March 2030 + 5yr option - Showroom, mezzanine - 10 on-site car spaces - E4 General Industrial zoning Lease Details: - Tenant use: Manufacture of kitchen fixtures and fittings - Lease Commencement: 1 April 2025 - Lease Expiry: 31 March 2030 - Option: 5-year option (1 April 2030 – 31 March 2035) - Total Lease Term: 10 years (including option) - Current Annual Rent: $67,800 pa + GST - Rent Reviews: Annual: 3% fixed - Outgoings: 100% recoverable from tenant Contact the exclusive agent today to organise your inspection!
Email enquiry to Coutts - North West
Property ID: 505269760
Original Property ID: 505269760