SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Brand New Industrial Investment Market Leader Tenant

2-10 Allgayer Drive , Gunnedah NSW

Property Highlights

New 7 + 5 yr net lease
Valuable 3% annual increases
Key Primary Industry support business

Description

New 7 + 5 year lease to 2031
Valuable 3% annual rent increases (Net Income: $179,107 in 2025)
Leased to key Primary Industry support business
Large 6,900 sqm land parcel in new industrial subdivision
700 sqm high clearance warehouse, large hard stand, with further development (STCA)
Gunnedah – diverse local economy and growing Shire
Valuable depreciation benefits
Tenant pays 100% of outgoings
Net Income: $150,000 pa + GST

For Sale by Deadline Private Treaty
Closing 4pm Thursday 14 November 2019 (unless sold prior)
Indicative Price: $1,875,000 (Circa 8% Yield)

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Industrial
Land Size
6,900 SQM
Building Area
700 SQM

Price

Contact Agent

Contact Agent

Michael Gilbert

+610 430 024790

Contact Me

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