This modern industrial facility set in the vibrant Wurruk Gardens Industrial precinct represents a superb opportunity for the astute investor.
The tenants of the premises Toll & Toll Priority are of the highest quality and have been in occupation of the property for a long period of time. There is a strong lease in place until 24/11/2022. The current rental is $29,181PA Plus GST ($2,675PCM) and all outgoings with an annual CPI increase.
This represents a terrific return of 7.78% based on the current rental.
The facility comprises a high clearance warehouse and office complex of some 288sqm and sited on an allotment of 1418sqm.
High quality tenant, strong lease, excellent facility= great investment.