Investment 8% Net Return - 409m2 Corporate Office/Showroom
Located meters from the Princes Highway is this street facing office and showroom with eight (8) allocated car spaces and lockup storage. The unit is situated directly on West Street providing unquestionably the highest degree of exposure and presence to passing trade.
The property is occupied by a national Plumbing Contractor whom have a long term lease consisting of 3 years + 3 years + 3 year lease term. The current annual rental is $95,000.00 P.A Net + GST with tenant paying statutory outgoings. Extensive renovation have recently been undertaken and all fixtures and fittings are included in the sale.
This is a unique investment opportunity with return in excess of 8% Net with a strong tenant and proven track record.