A standalone concrete panel warehouse in complex with the flexibility to further subdivide. The property forms part of a 683m² strata complex and comprises of a tidy office fit out within the warehouse. The property features two (2) roller doors for easy access and also allows the property to be divided into two tenancies with the installation of additional amenities. The warehouse has a 6 metre eave clearance with full height concrete panel construction. Amenities include a single toilet and shower. The property has five (5) external car spaces.

- The property is offered for sale with a lease-back on the following general terms.
Lessee
Ecoshopper Pty Ltd

Lease Term
Two (2) years.

Option Term
Two (2) years.

Commencement Rental
$48,000 per annum net plus GST

Outgoings
Payable in addition to the above rental which includes council rates, water rates, building insurance and land tax (single holding basis).

Rent Review
Annual CPI or 3% whichever is the greater. Market review at the
exercise of the option term.

Lease Guarantee
$8,250 equivalent to 2 months net rental incl. GST.

Directors Guarantee
Directors Guarantee also provided.

Lease Commencement Date
Upon settlement date.

Building area, office and amenities - 60m²
Warehouse - 330m²
Total - 390m²

The property is located in the Thornton Industrial Estate, which is conveniently positioned close to the major transport routes of the Pacific and New England Highways and the M1 Motorway. Thornton is approximately 25 minutes from the Newcastle Port facilities and CBD.