Located in the tightly held Eltham industrial estate is this solid investment opportunity that offers a healthy income stream with the potential to occupy one or both factories once leases expire. Features include;
- Total Building area of 665 sqm (approx.)
(Factory 1- 350 sqm approx /Factory 2- 315 sqm approx)
- Land Area- 1309 sqm (approx.)
- Lease terms:
Factory 1- Two (2) year from 1/7/2018 with one (1) further option of two (2) years.
Fixed 3% increase within lease term.
Factory 2- Two (2) year term from 12/10/2017- CPI increases within fixed term.
- Combined rental income of $67,500.00 per annum.
- All outgoings paid by tenant
- Internal clearance above 4 meters within both factories.
- Multiple roller doors.
- Secure fenced entrance.
- Zoned industrial 3
- Onsite car parking
- High profile National occupancies within Eltham industrial estate include Bunnings Warehouse, Pet Barn, Dulux, Repco plus others.
Terms: 10% Deposit. Balance 30/60 Days
For further details or to arrange an inspection contact:
Paul Evans 0408 144 181
Jonathan Rizzo 0404 125 846
