5 Herberte Court, WURRUK VIC 3850
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- Industrial / Warehouse
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- 6 Aug 2016
A1 INDUSTRIAL INVESTMENT
This modern industrial facility set in the vibrant Wurruk Gardens Industrial precinct represents a superb opportunity for the astute investor.
The tenants of the premises Toll & Toll Priority are of the highest quality and have been in occupation of the property for a long period of time. The current lease expires on the 25/9/17 with a current rental of $27,779.40 Plus GST and all outgoings with a CPI increase due on the 25/9/2016. There are also 5 x 1 year options which could potentially take the lease period until 2022.
This represents a terrific return of 7.2% based on the current rental.
The facility comprises a high clearance warehouse and office complex of some 288sqm and sited on an allotment of 1418sqm.
High quality tenant, strong lease, excellent facility= great investment.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
5 Herberte Court WURRUK