overview

  • 1P1825
  • Industrial
  • Sold
  • 928 sqm
  • 1920 sqm

Description

East Arm Investment
This quality industrial facility is leased to a global company - Applus.

Built in 2010 this facility provides high clearance warehouse plus 2 levels of office space.

Main Office - 98m2
Mezzanine Office - 93m2
Warehouse - 554m2
Rear undercroft - 183m2

The warehouse is of portal steel frame offering clear span workspace. It is accessed by 3 roller doors each 5m x 4.8m, it is insulated with sisalation and has suspended halogen lights throughout the warehouse.

The office space is fully air conditioned with split system units and has quality ceramic tiled floors and carpet upstairs. It has staff room with kitchen and full bathroom amenities.

The site is 1,920m2 fully fenced with driveways and car parking all concrete paved.

The property is securely leased with a net income of $105,000 pa + GST. Tenant pays all outgoings. Current lease expires 31 July 2022.

A great investment providing a yield of 7.12%.

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