Fully Leased Investment Property for Sale
This truly is a sit and forget' investment. The gross rental return on this building is $80,000.00p.a. showing an approximate 8% net return on your investment. The building is presently split into two separate tenancies. The rear tenancy has 210sqm and is leased until August 2016, while the front tenancy has 750sqm and a new 3x3 year lease. Front of building has two offices, reception, storage, toilet, customer parking and a bitumen hardstand. The building is access by three large roller doors and is in a secure yard.
Land area 3928sqm
Building Area 961sqm