Appleby Commercial are delighted to offer warehouses 1 & 2/4 Reid Street, Bayswater for sale. This exciting industrial offering presents an excellent opportunity for investors to purchase one or both sites.
Both buildings are securely leased to long standing tenant, Industrial Food Services Pty Ltd. The properties have a current lease running to 31/12/2022 with a lease renewal of 5 years signed which commences on the 1/1/2023. The rental commencing from the 1/1/2023 is $72,504 per annum plus GST plus outgoings per warehouse.
PROPERTY ATTRIBUTES:
1/4 Reid Street, Bayswater
Building size: 806 square metres
Rental from the 1/1/2023: $72,504 per annum plus GST plus outgoings.
Lease term: New 5 year lease commencing on the 1/1/2023.
Lease option: 5 years
Long standing tenant
2/4 Reid Street, Bayswater
Building size: 806 square metres
Rental from the 1/1/2023: $72,504 per annum plus GST plus outgoings.
Lease term: New 5 year lease renewal commencing on the 1/1/2023.
Lease option: 5 years
Long standing tenant
Please contact Appleby Commercial for further information or to organise an inspection.