A securely leased investment opportunity. - Prominent land mark two storey building
- Long term secure lease to Fast Twitch Australia P/L expiring 31st March 2021 plus two 5 + 5 year options
- Net rental income $97,500 per annum
- Large site area of 1,430sqm
- Total building area of 850sqm (approx) plus offices
- Excellent on site parking
SOLD PRIOR TO AUCTION Popular Neighbourhood Centre on prime corner site of approximately 1,396sqm comprising of 8 community titled shops with excellent tenant mix serviced by a car park fronting Lower North East Road and providing open exposure to the tenancies.
Fully leased investment - the premises has always been a strong performer with limited vacancy periods in its past.
Secure income stream through multiple tenancies - there are 6 lease covenants over the 8 units providing for continued confidence in the property's ongoing income.
Excellent rental growth potential with leases destined to be revised in lin...
WAREHOUSE/OFFICE IN A PRIME LOCATION Mastracorp is proud to offer this prime piece of real estate in a sought after location.
This property is perfect for an owner occupier with storage and distribution requirements boasting a large 430sqm warehouse with dual high clearance access (4.2 metre clear span front and side drive way access). It is also offered as an ideal investment opportunity being a scarce property with flexible uses in such a great location. Finding a tenant and securing a low-risk return on investment will not take long with enquiries to lease properties like this coming in high volumes.
SOLD AT AUCTION A prime position location with great exposure and facilities ready for someone to owner-occupy or lease out and return. Sold as vacant possession with a leaseback option (subject to successful rental negotiations with current occupier)
Features include: - Closed Workshop Area 247sqm (approx) - Open Workshop Area 174sqm (approx) - Front Retail/ Reception Area of 50sqm (approx)