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Freehold Investment with a Nationally Recognised CompanyProperty ID 1524189This tenanted investment is situated at the end of the service road running parallel to Maroochydore Road. With a land area of 2,003m2 which has been used as a concrete batching plant since 1901.
Tenant: Holcim (Australia) Pty Ltd
Lease Term: 3 Years
Commencement Date: 1st April 2016
Option: 3 Years
Current Rental: $99,350.78 per annum + Outgoings + GST
Use: Concrete batching plant, as well as supplying aggregate and sand
Asking Price: $1,250,000
Key Information Tenancy Status Currently Tenanted Annual Yield (Gross) N/A (Marketed Without Price) Annual Yield (Nett) N/A (Marketed Without Price) Title Scheme Not Applicable Financial Details Water Charges (Annually) $767 Council Rates (Annually) $17,912 Strata Fees (Annually) $7,139 Total Annual Costs $25,818 * Nett Annual Income $-25,818 *
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.