With 3 secure tenants yielding approx. 8.4% return, must make this industrial site very appealing. The property is well located just off the ring road to the port, in an industrial zoned area.
The incomes are approximately: Axicom phone tower lease to 2046 at $ 15,000 Bayside Industrial Coatings lease to 2025 at $ 41,000 RJ & JM Kerr, Car Restorations lease to 2021 at $ 13,000
TOTAL $69,000 p.a.
All tenants have long lease options with annual rental increases.
