Outstanding opportunity to purchase a modern office warehouse which is leased to a publicly listed company - Medical Developments International Ltd. See www.medicaldev.com for further information.
Key Property Features Include:
+ Currently returning $26,245 P.A Net
+ 6 year and 5 month lease commencing July 2012
+ 1 further option of 3 years
+ Annual CPI increases
+ Roller door access
+ Extensive purpose built clean medical facility
+ Total building area approx 265sqm
The property is situated in the Sandown Square Industrial Park which offers direct access to the Princes Highway. This area is currently experiencing significant redevelopment with the recent opening of Ouson Plaza anchored by Aldi and Caltex.