Quality Fringe Investment * Current rental of $55,437 per annum approx * Securely leased until 31/8/2018 * Further term of 3 years * Rent review annually at 3%, market on renewal * Tenant pays all outgoings (exc Land Tax) * Situated on a strategic corner site of 644 square metres approx * Future development potential * Highly sought after Fringe location * Retail showroom/workshop of 423 square metres approx * Valuable rear access and car parking * Zoned Business - Beulah Road Policy Area
OUTSTANDING EXPOSURE - HIGH PROFILE CORNER SITE With approximately 25,000 vehicles passing this site everyday this is a fantastic opportunity to secure an exceptional property offering flexibility for the owner occupier or investor or a combination of both with two separate buildings on the site of some 650 square meters.
The main building fronting Magill Road of approx. 282square meters of floor area is well fitted out as showroom and offices with kitchen and toilet facilities, available with attractive short term lease to Mannix Air or vacant possession at the request of the Purchaser.
Quality Office Showroom and Warehouse * Total improvements 438 square metres (approx) * Fully fitted and air-conditioned * Tilt slab high clearance warehouse * Total site area of 456 square metres (approx) * Rear access and car parking * Inspections strictly by appointment with the consultant only
Public auction to be held on site Friday 1 May 2015 at 11am.
Inspection time: 3.00pm - 3.30pm Tuesday 21st April 2015