This is a rare find. It is only a few years old, set on 1922m2 in the heart of Racecourse Industrial Estate. The tenant has a lease until Feb 2008 and there is scope for a further period and to increase the rent. Current return is below market rate at $24000 p.a. net. Alternatively just collect the rent until your business is ready to move in. The warehouse is approx.288m2 with 1 large and 2 smaller roller doors. The office and kitchenette is approx. 40m2, it is modern and complete with air conditioning. Male & Female toilets plus a shower. There is a concrete parking area. At the rear of the property there is plently of space to build another shed if required or just enjoy the luxury of the extra yard.
$499,950
