Conveniently located on Tova Drive, this long term investment property is conveniently located within a few minutes of Eastlink and Peninsula link.
Occupied by True Colours, they have operated from the premises since 2005 and have just entered into new 5 year lease which expires December 2029.
Currently returning $49,500 per annum + GST, the tenant pays 100% of all building outgoings and the lease contains annual 4% rental increases.
39A Tova Drive is one of just two warehouses constructed on the land. Both warehouses are located behind secure perimeter fencing, have direct street frontage/access and have 6 car parking spaces each (on title).
Constructed of pre cast concrete panel construction, the property is in good condition and has an internal warehouse height of approximately 7 meters*.
The total building area is approximately 390sqm* with an additional mezzanine room of a further 21sqm*.
Other features include:
Single and three phase power
Male and female amenities
Enclosed tea room
Ground and first floor office
Perimeter fencing
Contracts, vendors statement and lease agreements are now available.
Private inspections can be arranged upon request. Contact our exclusive agents, Josh Monks or James Dodge, for more details.
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
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