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%
|Lease End||01 September 2021|
|Outgoings||$4,426.00 per annum|
|Zoning||IN2 Light Industrial|
|Water Rates||$450.00 per annum|
|Council Rates||$1,890.00 per annum|
|R&H Suburb Summary||Houses|
|Number of sales||773|
|Median Rental Price||$350 p.w.|
|Change in Rental Rate (5yr)||6 %|
|R&H Suburb Summary||Units|
|Number of sales||30|
|Median Rental Price||$250 p.w.|
|Change in Rental Rate (5yr)||25 %|