Premium tenanted commercial property offering strong returns and long-term stability.
Investment Highlights:
• Modern & Robust Construction: Built in 2020 by the reputable Drayton Group, this property boasts durable concrete and Colorbond construction, ensuring low maintenance and lasting value.
• Significant Land & Building Area: Situated on a generous 2611m² (subject to sales contract), the facility offers a substantial building area of approximately 720m².
• Solid Income Stream - 5.6% Net ROI: $140,000 per annum, providing a strong capitalised return on Investment of 5.6% based on a $2,500,000 purchase price.
• Secure Tenancy: Leased to Premiere Outdoor Power Equipment, an established and thriving business, on a 5-year lease. This tenancy offers peace of mind and consistent income.
• Favorable Lease Terms: Benefit from a landlord-friendly lease where the tenant is responsible for a proportionate share of building outgoings, minimizing your operational costs.
Property Overview:
This recently constructed commercial asset presents a compelling opportunity in a recognized growth corridor. Built to modern standards by the Drayton Group, known for their quality and excellence in construction, this property is designed for longevity and efficiency.
The secure lease to Premiere Outdoor Power Equipment, a recognized name in their sector, underpins the investment's stability. With a net annual income of $140,000 and favorable lease terms that see the tenant contribute to outgoings, this property is an investor's delight.
Why Invest?
• Recently Built Asset: Minimise initial capital expenditure with a property constructed in 2020.
• Reliable Builder: Drayton Group's reputation for quality construction adds an extra layer of confidence.
• Strong Tenant Covenant: Premiere Outdoor Power Equipment offers a secure and stable tenancy.
• Attractive Returns: A 5.6% net ROI in the current market is a compelling proposition.
• Growth Location: Benefit from the ongoing development and demand in the area.
This is an exceptional opportunity to acquire a high-quality, modern commercial property with a secure income stream and strong long-term prospects.
Don't miss out on this prime investment. Contact us today for a detailed information memorandum and to arrange an inspection.