Long Term Investment

This great investment opportunity has just been made available. Tenanted on a 3+3+3 year lease and plenty of upside potential to make improvements at the end of the lease.

The property comprises of 968 sqm of level land with an industrial property of approximately 475sqm and 390sqm of useable hardstand. The property includes office accommodation with plenty of natural light, full amenities and a kitchen. With brilliant exposure Orchard Road this is a great investment opportunity. The property enjoys a flexible industrial zoning for ‘General Industrial users’.


Details

• Land Area: approx. 968sqm
• Warehouse/production: approx475sqm
• Hardstand Parking at the rear approx. 390sqm
• Lease term 3+3+3 years.
• Rental $90,000 plus GST Gross.
• Net rental approx. $82,200 pa.
• Net return approx. 6%
• Sale Price $1,400,000


Paul and Rob welcome your enquiry please call any time.

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