Major tenant: Macquarie Alarm Services. Been in occupation since 1999. New 3 year lease commenced 1.9.18 with a 3 year option to renew. CPI increases annually. 75% of outgoings paid by lessee. DRC rates, sewer and water charges + insurance premium. Gross annual rent $38,788.00 + GST.
8 storage sheds located behind Macquarie Alarm services. All currently occupied. Gross Annual rental $16,410 + GST.
Large 1500sqm industrial block of land with abundant parking.
Great investment property yielding over 8%
For more details, please email agent