TOTAL NETT RENTAL $43,240 p.a.
* Solid Brick Construction
* 14 Parking Spaces
* Good Tenant Mix
* National Companies Surround
* Enormous Land Areas
* High Traffic Flow Area
Land Area: 1,227m? approx.
Building Area: 372 approx.
Tenants Include;
* Domino’s Pizza Aust
* Coastline Pools
* Hunter Valley Upholstery
Agents Comments
Strong Cashflow, Excellent Return with further growth potential
“This is an excellent opportunity to acquire quality real estate that is priced to sell”
Unit 1
Domino’s Pizza Aust
Lease: 5 years from 26/02/03
Option: 5 years
Rental Increases:CPI Annually
Present Rental: $27,206.18 p.a. GST approx
Unit 2
Hunter Valley Upholstery
Lease:13 months from 07/04/03
Option: 23 months
Rental Increases: Market Review
Present Rental:$7,680 p.a. GST approx
Unit 3
Coastine Pool & Spa
Lease: 3 years from 04/10/02
Option: 3 years
Rental Increases:CPI Annually
Present Rental:$15,912 p.a. GST approx
TOTAL NETT RENTAL $43,243 approx.
Purchase Price $520,000(to be sold as a going concern)
