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Circa 8% Net - Freehold Commercial Investment - Clear Instructions to SellProperty ID 1562151Purpose built freehold facility with long term tenancy. Tilt slab construction for low maintenance an investment with this return are rarely found.
The owner has given clear instructions that a result is needed as soon as possible.
Property features include:-
- 5+5+5 year Lease
- $45,894 pa net
- Land area: 600sqm*
- Building area: 230sqm*
- Industrial 3 Zone (IN3Z)
- 3% Annual rent reviews
- Freestanding freehold
- Pre-cast concrete construction
Inspection - Tuesday 6th December 2016 at 1:00-1:30PM
AUCTION: 6th December 2016 7pm
Venue: In room at the Ray White Ferntree Gully Office. 5/1849 Ferntree Gully Road, Ferntree Gully
Contact Paul Waterhouse or Stefanie Taylor for more information.
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
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.