This truly is a ‘sit and forget’ investment. The gross rental return on this building is $81,685.00p.a. showing an approximate 8% net return on your investment. The current owner who will be the tenant is offering to lease the premises for two years at a yearly rental of $81,685.00 p.a. plus GST and annual CPI increases. Front of building has two offices, reception, storage, toilet, customer parking and a bitumen hardstand. The building has three large roller doors and three access doors, and is in a secure yard.
Land Area 3928sqm
Building Area 961sqm