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Australia Post Distribution Centre | Leased to the Commonwealth of Australia

14 Horwood Street , Whyalla SA

Property Highlights

Brand new 5 year lease plus options
Fixed 3% annual rent increases
No stamp duty payable
Register to Bid

Description

+Brand new Five (5) year lease to December 2026 plus option to 2029
+Australia Post: national postal service provider fully owned by the Commonwealth of Australia
+Key 560sqm* mail & parcel distribution centre including warehouse, offices and amenities
+Importance of Whyalla distribution facility further underpinned by 31.8% growth year on year in online shopping**
+Generous fixed 3% annual rent increases
+Highly sought-after E-Commerce investment
+Large 1,355sqm* freehold title with premium ‘Commercial’ zoning
+No stamp duty payable
+Whyalla: important port city and iron ore export hub with thriving fishing and tourism industries
+Net Income: $54,205 pa + GST*

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino – River Room

*Approx
**Australia Post Annual Report

Burgess Rawson Agent
Beau Coulter 0413 839 898
RLA 315777
Shaun Venables 0411 860 865
RLA 293473

Knight Frank (RLA 199257)
Oliver Totani 0412 808 743
Jack Dyson 0448 685 593

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Government
Land Size
1,355 SQM
Building Area
560 SQM

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