Offices | Industrial | Retail

Property ID: 391373

 

HIGH PROFILE INDUSTRIAL BUILDING WITH SOLID LEASES

81 Smith Street, Ciccone, NT 0870

We are offering this substantial property with 2 long term tenants with high exposure.

Tenancy A is occupied by Alice Mobile Blinds who have a 3 years lease until September 2023 and tenancy B is leased to Framed In Alice until October 2023.

Tenancy A – comprised well presented showroom on the ground floor of approximately 93m2 with offices upstairs and a balcony. It also includes 225m2 of high clearance warehouse, ablution facilities and a kitchenette. Current rental on this area is $42,772.80pa with annual rent reviews fixed at 3.00%.

Tenancy B – comprises small front showroom plus warehouse and upstairs mezzanine storage, this tenancy also has ablution facilities and a kitchenette. Current rental on this area is $14,247.20pa with annual rent reviews fixed at 3.00%.

Contact Andrew or Melanie to arrange a time to inspect.

Sold

$795,000

Andrew Doyle

Melanie Paterson