12 Chris Collins Court, MURRAY BRIDGE SA 5253
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- Industrial / Warehouse, Retail, Showrooms / Bulky Goods
- Floor area:
- 10 x Onsite parking
- Return (PA):
- Land area:
- Energy Efficiency Rating:
- NABERS energy rating
- Property ID:
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- 28 Mar 2017
FULLY LEASED MULTI TENANCY INVESTMENT
A multi-tenancy option - three adjoining modern, neat and tidy business units, each of approx 153 sq.m.
Investors will appreciate the flexible nature this property. The three individual units can be combined together if ever required, and are each capable of being shared/sublet if necessary. The property therefore has scope to appeal to a wide market of tenants. Current uses are:
Unit A, Private storage
Unit B, Personal training studio
Unit C, Retail - Classic Lights / Jaycar
The property is well located in an accessible position amongst established bulky goods/home improvement retailers and service industries operators, close to Bunnings. Further features include:
• Steel framed, colorbond clad construction
• Sizolation to underside of roof
• High bay lighting
• 3m wide roller door on front elevation
• Part glazed frontage
• Verandah feature entrance
• Signage display fascia
• Disabled access WC and shower
• Fully fenced rear yard storage/staff area
• Bitumen surfaced car park at the front, providing 10 spaces
• Attractive, low maintenance landscaping
Unit A features front roller door access plus a glazed shop-front.
Unit B features two glazed shop-fronts, one with an entrance door and the second in front of the roller door. Depending on the nature of their business, an operator can therefore choose to keep the second glazed shop-front section in place, or remove it leaving the loading or vehicle access via the roller door.
Unit A is leased until 29-Feb-20 with an option of renew for 3 years.
Unit B is leased until 29-Feb-20 with an option of renewal for 3 years
Unit C is leased until 31-Jul-18 with an option for renewal for 2 years.
Total net rental income is $39,888 + GST pa.
Outgoings are additionally on-charged to the tenants.
Any tenant rent incentives remaining beyond settlement of a sale, will be fully absorbed by the Vendor - ie. a purchaser can enjoy the full headline rental income with immediate effect.
For further information, or to arrange an inspection, please contact Commercial Property and Business Sales Specialists, VENTURE COMMERCIAL RLA 251076:
Harry Sanders 0431 057 346
Nigel Grivell 0414 257 999
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
12 Chris Collins Court MURRAY BRIDGE