This building is modern 1237m2 Concrete Tilt Wall Construction Industrial Warehouse/ Workshop Building located in a good location with easy access and good exposure.
Tenancy 1 / Lease A is leased
Term: 6 years + years option
Warehouse 580m2 /Air-conditioned Office 75m2
Sale price:$1,290,000 Subject to strata title
Tenancy2 / Lease B is for lease
Warehouse 557m2 /Air-conditioned office 25m2
Rent Year 1: $74,432 per net of GST
Outgoings: All paid by tenant appointed as % of floor area.
Sale price:$903,115 Subject to strata title
Total building for sale
Sale price : $2,193,115.00 nett of GST
Gross rental nett of outgoings $180,932
% Rate of return : 8.25%