Earn 6 % NET^ per annum (year 1) with this mighty little warehouse in a highly sought after commercial hub on a 9 year lease.
The tenant has cornered the market and created something really special here.
- 9 Year Lease (3 + 3 + 3)
- Solicitors lease
- 3% annual increases
- 278m2* + 40m2* mezzanine
- 5 allocated car spaces
- 3 phase power
- Motorised high roller door
- Grease trap
- Small complex of 5 (low body corporate fees)
- Electronic security gate for after hours
- Zoned: Low impact industry
- CCTV security
^Median NET yield over first 3 years. 7.6% NET yield in final year.
*Approximately/ STCA/ as advised by owner. Borders, images & locations are indicative only. Rates of return are estimates only. Outgoings are as supplied by the owner. The Agent/Agency has not independently checked any of the information we merely pass it on. We make no comment on and give no warranty as to the accuracy of the information contained herein and no part of this material should be relied upon in forming any financial decision by you, the reader. All persons reading this material must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by the Agent/Agency toward the recipient with regard to the use of this information and all information given is given without responsibility or liability.