- Fully leased industrial asset with multiple tenancies
- Highly exposed property in a prime industrial location
- Net income of $388,668.79* pa (plus GST)
- Over 6 year WALE
- Anchored by Royans Truck Accident Repairs with a lease until November 2030 (plus 2 x 5 year options), a company with 28 branches and 600 staff across Australia and New Zealand
- Total building area: 4,367m²*
- Land area: 13,450m²
- Low site coverage of 33%*
- Multiple tenancies providing long term leasing flexibility
- Full concrete / bitumen surrounds offering generous external storage and access to tenants
- 114m* main road frontage with over 12,000* passing vehicles daily
- All tenancies feature air conditioned offices and separate amenities
- The Royans tenancy features a 5 tonne overhead crane and 50kw solar system
- Current net rent rate averaging $90 per m²* allowing for future growth
For further information or to arrange an inspection, please contact Todd Walsh.
*Approx
^Outlines / markups indicative only