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  • Sold
New Six Year Lease with Rental Growth - #1
New Six Year Lease with Rental Growth - #2
New Six Year Lease with Rental Growth - #3
New Six Year Lease with Rental Growth - #4
New Six Year Lease with Rental Growth - #5
New Six Year Lease with Rental Growth - #6
New Six Year Lease with Rental Growth - #7
New Six Year Lease with Rental Growth - #8
New Six Year Lease with Rental Growth - #9
New Six Year Lease with Rental Growth - #10
New Six Year Lease with Rental Growth - #11
New Six Year Lease with Rental Growth - #12
New Six Year Lease with Rental Growth - #13

This recently refurbished industrial building is located in the heart of the fast expanding Airport Commercial area with profile to Montgomerie Road. Occupying a corner position within a popular complex that is fully fenced and secure with drive around truck access.

As an investment it provides a new six year lease to a well-established Tenant returning $135,000 net p.a. The lease has a favourable rent review mechanism with CPI and Market Reviews alternating annually, making this an outstanding passive investment for any Investor. 

The property has a total area of 766sqm and provides 23 carparks. Recent renovations have been extensive and the building has a 100% IEP rating. 
 

 



Ref #: 20964406
  • 31/05/2022
  • Contact our experts for details on this transaction