Secure 5 + 5 + 5 year lease to NSW Government.
Occupied by NSW Office of Fair Trading.
Over 25 year history of Government related occupancy.
Lease 2 – to Commonwealth Government sponsored enterprise.
1,096 sqm land area with 718 sqm building.
Strong location with 2 street access, opposite Coles + Liquorland anchored shopping centre in Government/medical precinct.
Grafton – administrative and commercial hub of the Clarence Valley with an LGA population of approx. 52,000.
6 parking spaces + possible value add opportunity.
Minimum 3% annual rent increases.
Easily managed freehold investment.
Net Income: $204,398 pa + GST.