• A grade industrial investment in a highly desirable location
• Returning approximately $140,000 net pa with a new three-year lease in place
• Combined lettable area of 587sqm inclusive of canopy
• Nine car parking spaces onsite, with a canopy space over the roller door
• Easy to manage hands off investment with fixed rental increases annually
Bayleys are pleased to exclusively present for sale this prime industrial investment with a new lease in place, located on Corinthian Drive in Albany.
Recently leased to a furniture storage and distribution business, the property is returning approximately $140,000pa + GST and outgoings.
Completed in 2016, the building is modern in presentation and has an excellent configuration with 403sqm of high stud warehousing. The offices and showroom combined are 144sqm with air conditioning throughout, and toilets up and down.
Passive investments like this rarely present themselves to the market in such a modern complex.
Call the sole agents to arrange an inspection
