The Industrial property at 4 Molloy Street offers a strong opportunity for an investor to purchase a property with a well established tenant who will execute a new 5 year lease which will commence at the settlement of this acquisition.

This property is located one lot from the corner of Hursley Road and Molloy Street and is in a popular industrial Precinct which accommodates many successful enterprises.

The property itself is improved by a metal shed with a gross floor area of approximately 440 square metres and contains office, lunchroom, two toilet facilities, shower and a workshop.

The land area is 4,010 square metres and is zoned General industry. The property is security fenced and there is hardstand in the total yard area including a concrete apron which runs from the front of the building to the front boundary.

The vendor of this property operates a number of successful businesses throughout the State and is offering Molloy Street for sale on a lease back agreement. The business will continue to be owned by the vendor and will operate under its current management guidelines, which is proved to be very successful over the past 6 years.

Net rental income: $93,500.00 net per annum.

For further Information please contact Shane Kennett on 0407 161 513 or the Office of LJH Commercial on 07 4688 2266.