SALE FALLEN THROUGH. GREAT INVESTMENT. This would make a perfect addition to your Self Managed Super Fund or investment portfolio.
This large 500sqm factory with 74 sqm of office at front sits on 2636sqm of land zoned General Industry and has an established powder coating business which has been in operation for well over 20 years.
The front office area contains 3 offices, a lunch room and toilet and shower facilities. The factory has 3 high truss doors for access, and the yard area is expansive.
The tenants of 12 years have just signed an extension of their existing lease for a further 5 year term with a 5 year option.
The property shows excellent returns of over 6 percent nett excluding capital growth, currently approx $72,800 per annum ex gst with annual rent reviews.
The property is for sale to investors looking for a great return and capital growth.
PLEASE NOTE - THE BUSINESS IS NOT FOR SALE.
For further details or to arrange an inspection please call Gary Warne