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Leased to Ambulance Victoria - Above 9% Net Return!Property ID 1400855An investment opportunity presents here to purchase this modern high clearance warehouse, just leased to quality tenant Ambulance Victoria and available at below replacement value. This property is positioned well for quick access to the Western Freeway and offers generous office space over two levels with a large mezzanine.
-Owner's instructions are to sell to free up capital for new project.
-New lease to A grade tenant, Ambulance Victoria commencing July 1st 2017
-Tenant pays 100% of outgoings
-9.2 - 9.9% net return on offer
-One year lease with further two, three month options
-580m2 (approx) total building area
-Includes 400m2 high clearance warehouse space
-Ground floor reception, offices and staff amenities
-First floor office space including generous board room
-Air conditioned, carpeted offices and excellent staff amenities
-Large, 75m2 (approx) mezzanine
-4.8m clearance auto roller door, 3 phase power.
-Neighbouring quality businesses
Due diligence checklist - for home and residential property buyers