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Lot 2 Augusta Highway Port Augusta SA 5700

  • Industrial / Warehouse
  • Floor Size350 m²
  • PriceFor Sale, $560,000

BRAND NEW 4-YEAR LEASE YIELD CIRCA 7.5%

  • Suits private or SMSF investor
  • Net income $44,000pa*
  • Tenant pays all outgoings (excluding LT)

Lot 2 Augusta Highway, Port Augusta provides a secure, ready-to-go investment opportunity with an attractive yield to any level of investor. CBRE further highlight the below key investment features sure to appeal to experienced investors:

- Net income of $44,000pa*
- Brand new 4-year lease expiring 1st December 2022 with two further options of 3 years each
- Tenant to pay all outgoings including insurance and property management (up to 3.5% of the income) but excluding Land Tax
- Fixed increases of 3.5% annually
- Leased to premium and well-recognised tenant in Stratco Pty Ltd
- Improvements of high-quality warehouse/showroom totalling circa 350sqm*
- Rear storage yard and car park
- Strong exposure to Augusta Highway
- Total site area of 481sqm*
- Zoned Highway Services

For Sale by Private Treaty - $560,000

For further information please contact exclusive marketing agents CBRE:

Mitch Curnow - 0415 494 056
Harry Einarson - 0421 747 442

RLA 208125 *approx.

Property Highlights

Property ID2014952249
Floor Area350 m²
Land Area481 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  15 May 2019
Map for Lot 2 Augusta Highway Port Augusta SA 5700
CBRE South Australia RLA 208125
Level 5 151 Pirie Street Adelaide SA 5000

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