New 7 Year Lease to Tradelink, ASX Listed Tenant

Auction 11am AEDT Tuesday 23 October 2018, Sydney

7 year lease until November 2024 + options to 2034
Tradelink: 150 year old business with over 100 outlets nationwide
Subsidiary of ASX Listed Fletcher Building (ASX: FBU), T/O more than $8.5 billion in 2018
Parkes: growing NSW regional hub for mining, tourism, logistics, infrastructure, energy & agriculture
Parkes announced as a critical centre on Melb-Bris Inland Rail project which recently received $8.4 billion Commonwealth Govt. investment
Large 1,800 sqm land holding with 50 m street frontage and 750 sqm showroom & warehouse plus access from three streets
Zoned B2, key CBD location adjacent to Aldi and Government offices
Annual 2.5% annual rent increases (net income $104,372 in 2023)
Tenant pays all outgoings (as per lease)
Easily managed single tenant investment

Net Income: $92,250 pa + GST