Colliers are proud to exclusively offer to the market 2F Rothwell Ave with a reduced asking price of $2.65 million + GST (if any) (5.75% yield).
This property boasts modern construction and a sleek fitout, ideal for investors seeking a solid return.
The tidy 769 sqm (approx.) industrial unit has a functional configuration with a high warehouse ratio, ensuring flexibility for various industrial activities, maximizing utility and value. The well-designed unit also benefits from the convenience of dual roller door access, streamlining operations for tenants.
Currently tenanted on a long-term lease to the well-established tenant SRS Group, who are leaders in architectural rigging services, providing a reliable income into the foreseeable future.
The property is currently returning $152,500 + GST + Opex.
Investors will have confidence in an area known for its consistently low vacancy rates, offering stability and potential for long-term growth.
Seriously for sale - Vendor wants this sold!
Call the Sole Agents now for further information or to make a time to view.
Jack Tuson 027 448 1148 I Logan Roach 027 358 9383
Features:
* Total floor area: 769 sqm (approx.)
* Long term lease
* Well established tenant
* High warehouse ratio
* Returning: $152,500 pa net
* Tidy and modern fitout
* Dual roller door access
* Low vacancy area