INVEST HOLD DEVELOP LATER PERFECT PORTFOLIO PROPERTY
Tenant: Kwik Logistics
Term: 3 years plus 3 year option
Rent: $48,500 p.a. plus Outgoings plus GST
Commencement: 10th December 2016
Rent Reviews: Fixed 3.5% Per Annum
Market Reviews: Market review at option
> Dual access corner location
> Close proximity to Cocos Drive & Spearwood Avenue
> Level and heavy duty hardstand
> Power, water and sewerage available and connected
> Perimeter electric fencing with two automatic electric gates
> Storage Shed
2,010sqm Vacant Block - Small Block. - Great Location. - Price Reduced. Located just off Barington Street with easy access to Spearwood Avenue & Stock Road this small block of land is one of the last available in Bibra Lake.
The site is a total of 2,892sqm* however 972sqm* is currently occupied from an encroaching sand. The price has been heavily reduced and reflects only $300/sqm on the 2,010sqm*.
General comments from the council have also hinted at a potential set back concession.