High Yielding Investment with Guaranteed Growth
35-39 Buckley Grove , GEELONG VIC
Description
Secure 10 year lease to 2020 plus options to 2030.
Fixed annual 3% rent increases including at lease options.
Tenant pays usual outgoings.
Purpose built 1,390 sqm facility comprising clear span warehouse (high internal clearance of 19m), administration offices and extensive surrounding hardstand.
Massive site area of 6,241 sqm – Industrial 1 Zone.
Dulhunty Poles: Manufacturer and distributor of comprehensive range of cement and fiberglass poles – 38% owned by ASX listed Energy Technologies Limited.
Greater Geelong: Growing regional city of 220,000+ predicted to double by 2050 (G21 Regional Growth Plan).
Current Income: $347,991 pa.
Property Details
Listing
Sale
Current Tenant
Tenanted
Land Size
6,241 SQM
Building Area
1,390 SQM
Price
Price on Request