A major freehold building situated on a busy corner. The property is currently occupied by three tenants. The front 640sqm (approx) showroom style building is leased by Beaumont Tiles, and this portion of the site provides good clearance, amenities and a functional showroom. The larger portion of the building is 3,933sqm (approx) and is occupied by Boral. A functional building that offers excellent front and rear truck access. This prominent corner site is approx. 10,060sqm and provides a sealed car parking area.
Boral 4 year Lease commenced 07/11
Beaumont Tiles 5 year lease commenced 03/12
Display Yard 1 year lease commenced 01/11
Total Annual Net Return – $426,000 Exc GST (approx)
This outstanding investment has a secure return in a growth region in Sydney.