Quality Industrial Investment With Upside
- A-Grade Location
- Great Investment
- Street Fronted
Located in sunny Rosebud in an established Industrial estate, this property is an investors dream. This rectangular land holding has three separate tenancies and has scope for future value add opportunities (STCA).
Features:
– Street fronted
– Tightly held location
– Modern factories
– Scope for increase rental income
– Total building area: 757 sqm
– Total land area: 2,087sqm
– Total net income: $65,168.52
Factory 1:
Size: 271 sqm
Rent: $24,188.52 + GST + Outgoings
Lease Term: 3 Years + 3 years
Lease Commencement: 24/2/2022
Factory 1a:
Size: 102sqm
Rent: $10,080 + GST + Outgoings
Lease term: 2 years + 2 + 2
Lease Commencement: 1/6/2021
Factory 2:
Size: 384sqm
Rent: $30,900 + GST + Outgoings
Lease Term: 2 Years + 2 + 2
Lease Commencement: 28/2/2022
For sale by public onsite auction on Wednesday August 31st at 12.00pm
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