SIGNED AND SECURE - TENANTED INVESTMENT

Commercial property investment opportunity, available via a sale and lease-back – ie. the vendor will become the tenant.

The purchaser will enjoy the comfort of a brand new 2+2+2 year lease, returning a net rent during the first year of $40,000 pa and thereafter subject to reviews. The tenant is well respected, having operated their signage design, manufacture and installation business from here for many years. As the tenant they will also be responsible for payment of the outgoings for the property.

The premises are located in a popular area within Mount Barker’s prime light industrial park precinct, near to occupiers including Able Storage, Hills Farm Supplies, State Swim, State Emergency Service and Mount Barker Glass.

The workshop unit is steel-framed with timber trusses and colorbond steel clad, with a concrete floor. Features include:
• 3 phase power
• height to the eaves of approx 4m, rising to 5.4m at the apex.
• a lean-to open-sided structure on the rear (eastern) elevation of approx 40 sq.m (4m by 10m).
• sliding loading doors (7.5m wide by 4m high) to the (northern) side elevation
• sliding loading door on the (western) front elevation (4.5m wide by 4m high) not currently in use
• personnel access door
• load-bearing mezzanine structure with stairway access providing a storage area of approx 54 sq.m
• enclosed store room, spray booth / workshop, plus a compressor room with chimney extraction system
• partition-enclosed area of approx 25 sq.m (3.2m by 7.8m) with insulated walls and ceiling, currently used as a print room
• combination of high bays and fluorescent lighting suspended from the ceiling
• gas fuelled convection heating system, suspended from the ceiling
• Insulated roof
• WC facility

The property extends to a site area 1,250 sq.m with frontage to Simper Crescent of approximately 25m and a site depth of approximately 50 sq.m. The site is mainly level, fenced on the boundaries and gated at the front entrance. The gravel-surfaced yard is serviced by flood lighting. There is parking for 7 to 8 vehicles in the area to the front of the building, plus storage and loading space along the northern side, and storage space at the rear.

For further information, or to arrange an inspection, please contact Commercial Property and Business Sales specialists, VENTURE COMMERCIAL RLA 2510176:

Nigel Grivell 0414 257 9...
Harry Sanders 0431 057 3...