SOLD
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Global Industrial Giant

18-20 Induna Street , South Grafton NSW

Property Highlights

5 Year Lease + Option to 2031
Landlord Friendly Net Lease
Tenant Occupied Over 30 Years
Register to Bid

Description

+ Direct lease to one of the worlds leading businesses
+ Cummins: Fortune 500 Company with over 9,000 locations
+ Diesel engines are an essential service in regional Australia and Cummins Diesel are among the most popular
+ Tenant in occupation for over 30 years, lease just renewed again
+ Large 5,237sqm land area with 1,161sqm building
+ Grafton – booming regional centre at the heart of the Clarence Valley
+ Positioned “high & dry” in industrial precinct which resides on elevated ground – subject property not affected by recent 2022 floods
+ Strategic freight position between Gwydir Highway & Pacific Highway
+ Easily managed single tenant investment
+ All usual outgoings paid by tenant, as per lease
+ Annual CPI Increases
+ Net income $88,729* pa + GST

For Sale by Auction
Tuesday 10 May 10.30am (AEST)
Yallamundi Rooms, Sydney Opera House

Sales Agents:
Darren Beehag, Burgess Rawson

Michael Gilbert, Flex Body Australia Pty Ltd Licence No 10087879
in conjunction with Burgess Rawson

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Industrial
Land Size
5,237 SQM
Building Area
1,161 SQM

Price

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