DFR Commercial are pleased to present to the market this fully leased industrial property consisting of two modern high truss office warehouse units in the very sought after O'Connor industrial precinct with the ability to be strata titled (STCA) and sold off individually.
Features Include:
• Total land area 1,673m2
• Total lettable area 1,150m2
• Two side by side modern office warehouse
• Each unit consists of 575m2 made up of:
o 115m2 of two storey office space
o 460m2 warehouse with large roller door entry
o 15 onsite car bays with gated entries
o Dual driveways for easy access
Tenancy Details:
Unit 1: O'Brien Glass Industries Limited
• Lease Commenced: 1st September 2021
• Lease Expires: 1st September 2027
• Further Terms: 2 years
• Nett Rental: $62,488.13
• Rent Reviews: 3.5% annually and market review 2nd Sep 2027
Unit 2: Delta Roofing Pty Ltd
• Lease Commenced: 1st January 2020
• Lease Expires: 31st December 2027
• Further Terms: N/A
• Nett Rental: $62,488.13
• Rent Reviews: CPI or 3.5% annually
Outgoings: Council rates $15,550, water rates $3,800, insurance $6,775, land tax $2,550, water use $400, repairs & maintenance $6,800, management fees $6,190. TOTAL: $42,065.00
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