* Multi-tenant industrial investment site with nine (9) income streams
* A variety of occupants which also include Optus & Telstra tower leases, whom have been onsite for over 17 years and currently under the balance of a 5 year term. (Substantial capital investment in tower by telstra with obligations to be removed when they vacate - given the increasing importance of telecommunications, it would appear unlikely to vacate any time soon)
* Most Tenants on new three (3) years leases
* Under management for over 10 years, excellent tenant rent history and occupancy rates
* Low maintenance industrial construction, a mixture of brick, Hebal panel + sheet metal walls
* Easily managed industrial investment property.
* Secure diverse income stream.
* Freehold title with land area of 1,471 sqm approx
* Improvements include just under 700 Sqm of warehouse/office + awning and washdown pit area, grease trap and food approvals on tenancy 1.
* Gross income $123,000 PA GST Exc approx
* Outgoings comprising council rates, building insurances, commercial property management, water charges, lawns maintenance and fire compliance cost are circa $17,600 PA GST Exc.
* Nett income = $105,400 PA GST Exc. approx
* Call Luke Horton - 0417 406 4...
Raine & Horne Commercial
Shop 3, 136 William Street, Port Macquarie
T : 02 6584 05...