DFR Commercial are pleased to present to the market this fully leased investment with six industrial units showing a nett annual return of $155,200.
This opportunity is an ideal hold and redevelop down the track with loads of scope and potential. The subject property is well positioned in the heart of Rockingham's industrial precinct only minutes to the center of the town. The block is a rectangular lot with a depth of 100.11 meters and good size frontage equaling 40.5 meters.
These properties are becoming increasingly hard to acquire and this site has the added advantage of having leases in place. If you are looking for a retirement plan and require a property with a steady income today, then this property is ideal
Property features:
- Total land area 4,031m²
- Total lettable area 1,928m²
Unit 1
- Total lettable area 661m²
- Warehouse 252m²
- Office Showroom 200m²
- Yard area 109m²
- 8 car bays onsite
Unit 2
- Total lettable area 339m²
- Warehouse 243m²
- Yard area 58m²
- 3 car bays onsite
Unit 3
- Total lettable area 252m²
- Warehouse 184m²
- Yard area 44m²
- 2 car bays onsite
Unit 3A
- Total lettable area 270m2
- Warehouse 198m2
- Yard area 48m2
- 2 car bays onsite
Unit 4
- Total lettable area 761m²
- Warehouse 480m²
- Office area 69m²
- Yard area 161m²
- 4 car bays onsite
Unit 5
- Total lettable area 363m²
- Warehouse 302m²
- Yard area 23m²
- 3 car bays onsite
Tenancy Details:
Unit 1:
- Annual Nett Rental: $40,000
- Lease Term: 5 x 5 Years
Unit 2:
- Annual Nett Rental: $19,200
- Lease Term: 2 x 2 Years
Unit 3:
- Nett Rental: $15,000
- Lease Term: 1 x 1
Unit 3A:
- Annual Nett Rental: $15,000
- Lease Term: 2 x 2 years
Unit 4:
- Annual Nett Rental: $45,000
- Term: 2 x 2 years
Unit 5:
- Annual Nett Rental: $21,000
- Lease Term: 2 x 2 years
Approximate annual outgoings: Council rates $16,819, water rates $610.44, land tax $983.55, insurance $4,126.63, gardening $818.16 and maintenance $1,000, Total: $24,357.78
Information disclaimer: The terms of this information disclaimer apply to any content whatsoever (including, videos, sound files and computer code) ("Material") provided or made accessible by DFR Commercial to any person ("Recipient"). The Recipient is taken to agree to these terms when they receive the Material. DFR Commercial makes no statements, representations or undertakings to the Recipient or any other person in connection with the Material, including in relation to the ownership, legality, suitability, purpose, quality, accuracy or completeness of the Material, and is not liable for any claim, loss or cost in connection with the same. DFR Commercial disclaims, to the extent permitted by law, all warranties, representations and guarantees in connection with the Material.
