Investment Office/Warehouse Unit 396m²*
Well leased to a quality tenant. This smart and tidy property is well located within a prestigious business park on the city fringe backing onto Addington Raceway and surrounded by other quality tenants. The building consists of 226m2* of warehouse and 170m2* of office space. Total building 396m2*. The new 3 year lease (plus 4 further rights of renewal) has just commenced from February 2017. Returning $50,000pa + GST + outgoings. The property is advantaged by having a warm sunny northerly aspect, 3 onsite car parks and benefited by onsite facilities such as childcare, a licensed cafe and after hours security gated access. (* approx.)
Call Al Wilson 021 227 6161 for further information.
Price for Sale: By Negotiation + GST (if any)
|Tenancy Status||Currently Tenanted|
|Annual Yield (Gross)||N/A (Marketed Without Price)|
|Annual Yield (Nett)||N/A (Marketed Without Price)|
|Title Scheme||Not Applicable|
|Council Rates (Annually)||$5,182|
|Strata Fees (Annually)||$6,753|
|Total Annual Costs||$11,936 *|
|Nett Annual Income||$-11,936 *|
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.