This fully leased property is superbly located, close to the marina and all main transport routes and is built of durable materials. It has a floor area of 51sqm, the property is well proportioned with a depth of 9.5 metres and width of 5.4 metres.
The stud height is generous with 5.7 metres at the front rising to 6.2 metres at the rear. Access is via a personnel access door to one side of the 3.2 metre wide, 4.0 metre high roller door.
Occupied by a quality tenant on a new 3-year lease, the property returns $20,000pa + GST and the Tenant is responsible for paying the rates, insurance and the like.
To further simplify this bite sized investment, the lease has built in annual rent increases.
With interest rates close to peaking, this is your opportunity to secure an affordable investment in real property and take control of your future.