9% NET RETURN – INVEST OR OCCUPY – 5 YEAR LEASE BACK
A freestanding 1,808sqm industrial building constructed of steel frame, brick, pre-cast panel and metal cladding. Total area under roof 2,258sqm. Internally the building offers over 10m clearance and is serviced by 4 cranes. (2 in each bay 10t,5t, 8t and 10t)
The factory floor is clearspan with 3 phase power. A manufacturing style building which has good power available. Amenities including lunchroom, showers, male & female bathrooms have been provided. Offices are on the mezzanine level and include a boardroom/meeting room.
The main structure on the site was constructed in 1985 and extended in 2004
Building Area 1,808sqm (approx.)
Total Area Under Roof 2,258sqm (approx.)
Total Land area is 2959m2 (approx).
The building is available on a vacant possession or 5 year lease back arrange showing a commencing yield of 9% ($189,000 pa)