Henderson

Sold August 2024

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920m² Floor Area
1619m² Land Area

INVESTMENT WITH 6.5% ROI


Barfoot & Thompson Commercial are pleased to bring to the market this immaculate investment property which ticks all of the boxes for the astute investor.

Tenanted investment, five year lease at $150k++, with regular built-in rental increases. Low-maintenance building. tenant has lodged substantial cash bond. For sale at 6.5%.

PROPERTY HIGHLIGHTS:
  • Standalone property
  • Freehold title - site of 1,619m² (more or less)
  • Tenanted with long lease terms of 5x5x5
  • Reviews and rental increases in place
  • Fully fenced and gated
  • Immaculate and tidy property
  • Dual front-facing roller doors
  • Secure front yard area of 450m² (approximately)
  • Zoned Business - Metropolitan Centre
  • Low ratio of office/amenities to warehouse
  • Lease on a net income of $150,000 per annum + OPEX and GST
  • Invest and collect the rent
  • IEP at 70% NBS
  • Open-plan warehouse with a total area of 920m² (more or less)
  • Near new roof (approximately three years old)

This is everything the bank will ask for. Please contact the listing agent for more information and a viewing.

Property details

Location:
Henderson
Land area:
1619m²
3 phase power:
Yes
Roller door access:
Yes
Yard space:
Yes
Other features:
Floor coverings
Property ID:
4026757

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