74,670 Reasons to look at this!
Both units are leased with long term tenants. Unit 1 has 5+5 with rent being $30,000 P/A + GST. Unit 2 is on a new lease term at $34,270 P/A + GST. Vacant land at the rear has also recently been leased at $10,400 P/A + GST
Building 616 sqm but can be sold separately. High opening roller doors. The factory is only a few years old with plenty of depreciation. Gross rent $74,670 P/A - 8.7% Gross return - 7.7% Net return.
Insurance: $2,000 P/A
Expressions of Interest
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