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PROPERTY DETAILS COMMERCIAL PROPERTY GUIDE
QUALITY INDUSTRIAL PROPERTY IN THE QUALITY MERRINDALE INDUSTRIAL ESTATE
This is a quality investment property with a fantastic yield of 7.7%, located in the highly regarded Merrindale Industrial Estate. Currently leased at $96,053 per annum to 1st March 2011 with a further 3 year option. Leased to Branach Manufacturing Pty Ltd. Property features include: land area of approximately 2157 square metres and building area of approximately 1053 square metres, includes approximately 150 square metres of quality office and amenity fitout, two roller shutter doors, large 3 phase power supply, two 500kg overhead cranes, 17 on site car parks, lunchroom, male & female amenities.
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Property ID: APL2193
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| Component |
Building Area m2 |
Land Area m2 |
Rental Return P.A. |
Sale Price |
| FACTORY SOLD |
1,053 (INCLUDES 150m2 OFFICE) |
2,157 |
$96,053.00 |
$1,250,000.00 |
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Additional Information
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| Zoning |
INDUSTRIAL 1 |
| Lessee |
BRANACH MANUFACTURING PTY LTD |
| Commenced |
1ST MARCH 2008 |
| Yield |
7.7% |
| Outgoings Payable |
BY TENANT |
| Bond/Guarantees |
NIL |
| Rent Review |
ANNUAL |
| Lease Term |
3 YEARS WITH 3 YEAR OPTION |
| Car Spaces |
17 |
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Comments
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GOING CONCERN FOR GST PURPOSES |
[All amounts are expressed as GST exclusive.]
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Attachments
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No attachments listed.
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Contact
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This property was submitted for listing on the Commercial Property Guide by:
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