New Lease to KMart Australia Limited (Public Company)
Returning $60,000 gross p.a. GST
* Building Area: 780m2 approx.
* Land Area: 2,367m2 approx.
* Well Constructed
* Depreciation Allowance
* Room to Extend
* Full Cocrete Parking / Driveways
* Zoning - Industrial
* Low Maintenance
LEASE DETAILS
Lessee: KMart Australia Limited
Lease: 2 years from 01/07/05
Option: 2 years
Rental Increase: CPI Annually
Market Review: Prior to Option Period
Rental: $60,000 gross p.a. GST
OUTGOINGS
Council Rates: $2,085.00
Hunter Water: $1,780.00 usage
Insurance: $2,206.00
Land Tax: $725.00
Maintenance: $1,590.00
TOTAL: $7,386.00