Quality investment opportunity for astute investors to secure a long standing Central Coast business as a prized tenant. Koala publishing is a cornerstone within Australia and you can find their products in any number of your local retail outlets.
With exposure to Enterprise Drive, a major Central Coast arterial, this freestanding property is well serviced by the local road network.
The property itself is an industrial building with a combination of warehouse, office, mezzanine, external yard and over 30 car parking spaces.
There is a long term lease in place that commenced July 2011, with details below:-
Tenant Koala Publishing
Lease Term Ten (10) Years
Option Three (3) Years + Three (3) Years
Commenced 1st July 2011
Expires 30th June 2021
Current Rental $187,186.00 pa
Annual increase 4%
Outgoings $16,496.00 pa - paid by tenant