SOLD
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Secure Industrial Investment, Tenant On-Site 22 years

513 Atkins Street , South Albury NSW

Property Highlights

Brand new 7-year lease
Fixed 3% rent increases
Tenant pays usual outgoings
Register to Bid

Description

+ Brand new Seven (7) year lease to February 2029 plus options to 2039. Tenant on-site over 22 years.
+ LEED Steel: leading manufacturer with over 30 years’ experience.
+ Investor preferred net lease terms with tenant paying all usual outgoings.
+ Generous fixed 3% annual rent increases assuring growth.
+ Impressive 3,860sqm* factory including office, warehouse and 7 gantry cranes.
+ Significant 12,680sqm Industrial Zoned site with dual frontage to Atkins Street and Panmure Street.
+ Prime distribution location just off Hume Hwy, highlighted by nearby transport companies including Border Express.
+ Thriving precinct with $3.3 Billion output supporting 12,170 jobs.**
+ Albury/Wodonga: combined booming population of 100,000+
+ Net Income: $320,000pa + GST

**Remplan

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 23 February 2022
River Room Crown Casino Melbourne.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
12,680 SQM
Building Area
3,860 SQM

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