Brand New 10 Year Lease - Prized Freehold Industrial Investment
Description
+ Brand new 10 year lease to April 2031 plus options to 2041
+ Fixed 3% annual rent increases
+ Tenant pays outgoings
+ GP Glass: Tasmania’s leading manufacturer of aluminium windows, doors, showers screens
+ Security of bond and personal guarantees to the performance of the Lease
+ Well maintained and recently extended 1,935sqm facility
+ Large 4,859sqm site with abundant car parking and hardstand
+ Devonport: important Port City centrally positioned to service Tasmania state wide
+ Net Income: $131,020 pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021
Crown Casino, Melbourne
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Contact agents
Shaun Venables Partner
0411 860 865Zomart He Partner
0488 220 830Enquiry Form
Spreyton, TAS
26 Loone Lane
- Sold Price: Contact Agent
This property was sold as part of Portfolio 144