AUCTION TOMORROW THIS THURSDAY 14th of MAY 1:00PM SHARP
Significant Landmark - FREEHOLD - First time offered for 46 years - Leased until 11 March 2016 - Options: 3+3 years - Rent: $83,607.00 approx. - Frontage 18.90m - Depth 48.77m - Site Area 921.75M approx. - Zoning: General Residential Zone - Position Perfect Investment
BRAND NEW 15 YEAR LEASE TO LONG STANDING TENANT OF 44 YEARS CBRE are delighted to present for sale a rare opportunity to invest into a brand new fifteen (15) year lease to a longstanding tenant of 44 years!
The difficulty in acquiring property with such a strong lease covenant is not to be underestimated, not to mention the fact that this property boasts;
- Prominent corner two (2) level building with outstanding Centre Road exposure
- 2 extensive street frontages totalling 61m*
- NLA of 350sqm* featuring 8 car spaces on-site
- Irreplaceable multi-frontage land holding of 696sqm*, with dominant exposure to the corner of Centre Road &...
Hi-Tech Investment With Public Company Tenant Outstanding opportunity to purchase a modern office warehouse which is leased to a publicly listed company - Medical Developments International Ltd. See www.medicaldev.com for further information.
Key Property Features Include:
+ Currently returning $26,245 P.A Net
+ 6 year and 5 month lease commencing July 2012
+ 1 further option of 3 years
+ Annual CPI increases
+ Roller door access
+ Extensive purpose built clean medical facility
+ Total building area approx 265sqm
The property is situated in the Sandown Square Industrial Park which offers direct access to the ...