Multiple Revenue Streams
This industrial investment is a proven performer. Currently configured into nine (9) tenancies with one vacancy. All current Leases commenced in 2016. Key features include:
* Various terms form 1 year to 2 years plus option
* Low site coverage of 25%
* General Industry type users
* Development upside
* Room to expand
* Current Gross revenue $220,879 p/a + GST
* Potential revenue $ 350,000 p/a + GST
This property with a tidy up has the potential for 9% plus net return.
Outgoings: Included in Rent
Please Quote Property ID: 10405710.