Barfoot & Thompson Commercial are pleased to bring to the market this immaculate investment property which ticks all of the boxes for the astute investor.
Tenanted investment, five year lease at $150k++, with regular built-in rental increases. Low-maintenance building. tenant has lodged substantial cash bond. For sale at 6.5%.
PROPERTY HIGHLIGHTS:
• Standalone property
• Freehold title - site of 1,619m² (more or less)
• Tenanted with long lease terms of 5x5x5
• Reviews and rental increases in place
• Fully fenced and gated
• Immaculate and tidy property
• Dual front-facing roller doors
• Secure front yard area of 450m² (approximately)
• Zoned Business - Metropolitan Centre
• Low ratio of office/amenities to warehouse
• Lease on a net income of $150,000 per annum + OPEX and GST
• Invest and collect the rent
• IEP at 70% NBS
• Open-plan warehouse with a total area of 920m² (more or less)
• Near new roof (approximately three years old)
This is everything the bank will ask for. Please contact the listing agent for more information and a viewing.