• For Sale
  • Factory / Warehouse
Fully Leased Commercial Investment
Fully Leased Commercial Investment
Fully Leased Commercial Investment

For Sale

$1,200,000
Lot 17, 222 Glenda Drive is a fully leased investment opportunity in the heart of Frankton's industrial hub.

222 Glenda Drive is a new industrial subdivision with good access and a complimentary mix of light industrial businesses.

Lot 17 has a total land area of 619sqm (including right of way) plus shared loading and driveway.

The site contains 528sqm of exclusive yard space with concrete seal, power, water and drainage. It contains 2 portacoms with toilet and kitchenette facilities.

The site is fully leased to Thrifty Car Rentals low-cost brand: Dollar Rental Cars on a new lease from October 2019.

The current annual rental is $60,000 + OPEX + GST with built in 3% annual increases and one right of renewal for one further 3-year term.

For sale with an asking price of $1,200,000 + GST (if any).

For more information or to arrange an inspection please contact Tim or Rory today.

• Located on Sutherland Lane off Glenda Drive
• Fully leased to international tenant
• 528sqm exclusive sealed yard space with two portacoms
• Flexible Configuration

Ref #: 216085

Property Details