Explore Property Commercial are proud to present 10 Trade Court For Sale!
Features of this property include:
> Total lettable area of 1,072sqm;
> Net income of $160,615.20 per annum*;
> Fully leased with a WALE of 3.94 years;
> 12,500* vehicles per day;
> 54% of passing income from a health-care related tenant.
Available now is this impressive retail investment asset that is located in the bustling Northpoint Retail precinct, right next to the Bruce Highway and Heaths Road with exposure to over 12,500* vehicles per day.
10 Trade Court is situated on 2,450 square metres of prime retail land, providing access for delivery trucks and ample amounts of parking. The property has a total lettable area of 1,072 square metres.
The current tenants are Aidacare and Wattyl Paint.
Wattyl is fully owned by the Hempel Group. Hempel A/S is a global supplier of coatings and services. Wattyl Paint has developed a large network of retail centres including almost 100 Wattyl owned stores across Australia and New Zealand. Their current term commenced in June 2018 and have occupied the tenancy since 2014.
Aidacare is Australia's largest Healthcare Equipment and Services provider. They have occupied the space since November 2020.
The property features 54% of passing income from a health-care related tenant.
The current net income is approximately $160,615.20 per annum*. It offers a WALE of 3.94 years.
Surrounding businesses include Harvey Norman, The Good Guys, Bed Shed and more. The surrounding precinct, along with Mount Pleasant - Greenfields retail hub, is the largest retail and bulky goods precinct in the region.
Contact our team today to obtain an Information Memorandum or to find out more!
*Approximate, estimated and subject to confirmation by survey.
The Agent does not give any warranty as to errors or omissions, if any, in these particulars. The provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.
