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Industrial/Warehouse in Reservoir
LEASED INVESTMENT OPPORTUNITY - 6 PERCENT NET RETURN APPROX
- Building: 190m²
- Magnificently presented warehouse with stunning 3 bedroom apartment
- Warehouse/workshop/studio area of 95sqm with fully fitted kitchen, storeroom and toilet
- First level apartment featuring large modern kitchen, walk through bathroom/ensuite, cosy living area, sky-lights, large storage area and split system heating and cooling
- Total living/work area 190sqm over 2 levels
- Alarm system and surveillance cameras
- Remote roller shutter door access
- 2 on site allocated car spaces
- Remote security gated entry
- Many extras not mentioned
Lease Details:
- Lease term 3 years from 1.3.2018 with a further 3 year option
- Returning $31,200 per annum net
- Tenant pays all outgoings
- Fixed 4 per cent annual increases
- Market review in year one of the new term
Building:
190m²
Zone:
Industrial 3
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