Industrial

Current 5 year leased commencing January 1st 2024, at $200,000 pa + GST + outgoings which equates to 7.14% return.

Quality Warehouse with adjoining showroom/office space located in Yarrawonga, some 1 km from the Palmerston CBD. This stand-alone facility is built to a high standard and is erected on an allotment of 4,840m2. The location provides easy access to the Stuart Highway and Tiger Brennan Drive.

The improvements include a high clearance warehouse of some 838m2 with an adjoining office/showroom of 302m2. Good access is provided to the warehouse via 7 high clearance motorised roller doors; 3 to each side, and another at the rear. The showroom /office space is of good quality and includes five small offices and a meeting room. The showroom/office area benefits from good natural light and is cooled with cassette airconditioning. The property has 13 car spaces at the door for staff and customers, and ample street parking is also available. The property has dual access gates and full drive around access and the bitumen sealed yard provides significant lay down area. The property is securely fenced and the location is zoned LI (Light Industry).

The property has a new 5 year lease commencing January 1st 2024 at $200,000 nett pa + GST.

• Investment opportunity at 7.14% return.
• Solid tenant with 5 year lease.
• Nett income of $200,000 pa.
• Well located.
• Land 4840m2.
• Quality 838m2 warehouse.
• High-clearance clear-span warehouse.
• 7 motorised high-clearance roller doors.
• Quality 302m2 showroom/office.
• Five offices and meeting room.
• Dual Access gates.
• Drive around access.
• 62m2 washbay.
• Ample on-site parking
• Bitumen sealed hardstand.
• Securely fenced.
• Plenty of laydown area.

To take advantage of this rare opportunity to secure this quality investment. For more information contact the agent or email: darwin.ljhcomme...