Tom Donoghue of Johnston Donoghue Property proudly presents this exceptional industrial property, currently tenanted and generating a net passing rental income of $240,000 per annum (excluding GST). With significant highway exposure and substantial land area, this property offers an attractive opportunity for investors.
Set on an expansive 19,260 square metre (1.926 hectare) parcel of land with Kamilaroi Highway road frontage, this industrial facility constructed in 1996 offers a large-scale factory shed with attached modern office space, totalling 2,240 square metres. Ideally positioned along a busy highway corridor with a AAA Government owned tenant, this property is at the start of a renewed term to ARTC Limited for five years with a five year option. 100% of outgoings paid by the Lessee which includes council rates, water, sewerage and drainage charges, land tax, public liability and building insurance. Fixed 3% annual increases for the term of the lease.
Office Building:
The attached office area features a well-designed layout, including an open-plan reception, two executive offices, three large open plan workspaces, separate office, a spacious boardroom, second meeting room, toilet facilities, and a lunchroom. A front verandah with wheelchair-accessible concrete flooring adds to the property's convenience and accessibility. The office area benefits from reverse-cycle air conditioning and is well presented, ensuring a comfortable workspace for staff.
Industrial Workshop:
The workshop is a vast, open space industrial shed with 16 bays, enhanced by a 5-tonne gantry crane to support heavy lifting requirements. The layout includes seven roller doors along the northern wall and five roller doors on the southern wall, each with a 6.5-metre clearance, plus an additional eastern side entry with a 9-metre clearance. The property also features a robust power board and high-level translucent sheeting, providing ample natural light for the workspace.
Ancillary Features:
Complementing the main structures are extensive ancillary improvements, including a full security system, bitumen-sealed driveway/parking area, gravel-sealed areas suitable for additional parking, display and storage. The property is fully fenced and includes two designated concrete slab areas with steel-framed cages for gas and cylinder storage.
For further details or to arrange an inspection, contact Tom Donoghue at Johnston Donoghue Property on 0429 442 313.
