The investment offers buyers a split risk income of $454,577 pa + gst from six tenancies. The property is a substantial 3,575sqm site with a fantastic road frontage to William Pickering Drive.
The anchor tenant is the multi-site childcare provider Just Kidz returning $318,398 pa with a 12-year lease term. Just Kidz occupy the rear building which is a new purpose-built childcare centre constructed in 2019. The remaining office tenancies occupy the two-storey-front building returning a combined $136,179 pa + gst.
The property boasts a 1,175sqm floor area with 40 car parks. Freehold, standalone sites in this location are rare – call your sole agents today for more information.
The property is for sale by negotiation.
Contact either of the Sole Agents today for further information or to register your interest.
Features:
* Net rental of $454,577 pa + gst
* Split-risk investment – six tenancies
* Substantial 3,575sqm freehold site
* 40 car parks
* Business Light Industry Zoned
* William Pickering Drive road frontage