• High Clearance Warehouse
• Minutes to M5 Motorway
• Rental Uplift
Opportunity to buy an Industrial Investment with an excellent tenant in an exceptional location. The property offers concrete tilt up panels with an internal warehouse height of 9.3 metres accompanied with a modern mezzanine office space and male/female amenities on both levels with a total building area of 1,104sqm.
The property holds a great position on the eastern side of Milperra Road with access also via Edgar Street. The site is conveniently located within minutes of the M5 Motorway and is close to the Hume Highway.
* Lease expires 30 September 2024 + 5 x 5 year options
* Annual rent is $149,611 + outgoings + GST (under market)
* 3% annual increases
* Established food importer and distributor
* Tenant has installed cool rooms for long term position