A VERY RARE OPPORTUNITY TO SECURE AN OVER-SIZED INDUSTRIAL SITE IN THE HUB OF BATEMANS BAY INDUSTRIAL AREA

Floor Space: 650sqm

Tenant: National tenant with offices/warehouses in Sydney, Brisbane, Melbourne, Adelaide, Perth and Auckland.

Lease: Tenant has leased the space for the last 6 years. Current 3 year lease signed on the 1/4/12 and expires on the 1/4/15 with a 3 year option.

Rent: $63360.00 including GST per year.

Tenant pays council rates and water rates.

Owner pays strata fees which include insurances: $6490.00 per annum by quarterly instalments of $1622.50

Net rental is $56870.00 per annum

NET RETURN ON INVESTMENT AT ASKING PRICE OF $650,000 IS 8.7%