Property Overview: Land Size: 1012m² Building Size: Approximately 300m² Zoning: General Purpose Warehouse (as per rates) - Industrial 1 Zoning (Source: Vicplan) Current Rent: $34,297.56 per annum (plus GST if applicable), with a 2.5% annual increase Lease Term: Tenanted until 31/10/2027 with one additional 2-year option Tenant Obligations: Tenant pays Council rates and GWM Water This property represents an excellent addition to any investment portfolio, offering a stable income stream with a well-established tenant in place. The steel framed shed comprising of large open-plan reception/administration area, two separate offices plus kitchen area, toilets, and a shower. Reverse cycle heating and cooling installed in all office spaces and the kitchen area. The warehouse includes high access roller door plus hardstand to rear of shed. Secure this opportunity today and enjoy the benefits of a long-term, reliable investment. For Sale by Tender - Prior offers will be considered. Tender closes 2pm, Thursday 26th September 2024 at Elders office, 87 Stawell Road, Horsham.
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