Description

Located in the Showground Industrial Estate, this freestanding building with tenant is for sale!

This solid brick and besser block industrial building has a footprint of approx. 159 sqm (internal) + 41 sqm mezzanine accommodating 2 partitioned offices + tearoom.

Leased to Stephen Coote (as an engineering workshop for more than 24 years), the current lease is for a 5-year term from 1st May 2019 to 30th April 2024.

Current rent = $28,519.20 pa excluding GST + Outgoings. Rent increases annually by 3% or CPI, the greater.

The premises has an E4 - General Industrial zoning, and offers high internal clearance, container height roller door, secure on-site parking, hardstand area, and 3 phase power. The premises is security fenced, with gated access.

Don't miss out on this opportunity, give our Agents a call today to arrange an inspection!