SOLID COMMERCIAL INVESTMENT PROPERTY 8% YIELD NET INCOME $349,747 P.A - LEASE TERM 2021
Quality industrial property built in 2011 holds a 10 year lease of $349,747 net rent per annum until 2021.
High quality multinational tenant - World's largest wheel specialists in heavy equipment
Excellent depreciation available on building - 1688 m2 building on 3341 m2 of land
The tenant has occupied the property for 4 years and the adjoining property for 16 years
State of the art facility with modern offices, 16t & 4t gantry cranes, wash down bays with water recycling system
Excellent location near airport, railway station and highways.
The region has the third largest regional econo...