For sale

Secure Tenant for 7 Years + Depreciation
SOLD

Hemmant 6/12 Aquarium Avenue

Property details

Chase Commercial is pleased to present this outstanding investment opportunity suited to first time investors or self managed super funds.

Key features include:
+ Current Net Income of $41,565 p.a. + outgoings + GST
+ Option of 3 year lease commenced 13/02/2018 until 12/02/2021
+ Annual CPI increases with Market Review at Option
+ 217m²* office/warehouse in the heart of Hemmant
+ Modern Tilt-panel construction with excellent visibility to Lytton Road
+ Strong tenure security with 3 month bond
+ Superfox Australia T/A Advanced Boilers & Combustion Pty Ltd has occupied for 7 years
+ Sale Price: Offers reflecting 8% Net return will be seriously considered
(*approx)

Located in the highly sought after industrial area of Hemmant is this 217m² Office warehouse. Very functional building with 169m² of highbay warehouse and 48m² of showroom/office space. The warehouse can be accessed via a container height roller door and the property is with minutes the to Gateway motorway, M1 and major arterials.

Category:Industrial/Warehouse
$495,000
All prices exclude GST Subject to the provision of the Competition and Consumer Act 2010 and subject to any other non excludable statutory provisions, Chase Commercial Pty Ltd Trading As Chase Commercial for themselves and for the Vendors of this property for whom they act give notice that: (i) all information given in relation to this property whether contained in this document or given orally, is given without responsibility; (ii) intending buyers should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, enquiries, advices or as is otherwise necessary; (iii) no person in the employment of Chase Commercial Pty Ltd Trading As Chase Commercial, has any authority to make or give any representation or warranty whatever in relation to this property.

Consultant details

  • Oliver Gardiner
  • Phone: 0420 471 713

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