Invest with Confidence
Sold - 7/38 Corporate Blvd, Bayswater
Investment opportunity, Industrial
Sale Details
Sold on 20 Sep 2013 for $488,000
| Building Area | 280m² |
|---|---|
| Rate | $1,743 per m² |
| Yield: | 6.72% |
Overview
| Sale History ID: | 20975 |
|---|---|
| Property ID: | 8790 |
| Advertised Price: | $488,000 |
|---|
Description
A brilliant combination of a new office/ warehouse and a strong tenant covenant, depreciation tax allowances, net return equals an excellent investment property to add to your port folio.
The property consists of clear span warehouse with great height, container height roller door, showroom area, light filled air conditioned first level office and is located within the sought after Bayswater Business Park.
* Brand new 4 + 4 year lease
* Well established tenant that specialises in in Pneumatic, Hydraulic and Process Control equipment.
* $32,830 per annum net rental + GST
* All normal outgoings payable by the tenant.
* High quality environment including on site Café and new ANZ Business Bank.
Additional Info
| Features |
|---|
| Tenancy | PSI Supplies Pty Ltd |
|---|---|
| Lease Term | 4 years with a further term of 4 years |
| Commenced | 14th July 2013 |
| Rent Review | 3% annual increases |
| Bond/Guarantees | $10,000 Bank Guarantee |
| Outgoings Payable | by the Tenant |
| Car Spaces | 4 car spaces |
| Zoning | Industrial 1 |
| Outgoings |
|---|
Agent Details
Stan Dawidowski
M | 0400 448 755
T | (03) 9623 2556
E | [email protected]
Ian Angelico
M | 0418 336 088
T | (03) 9623 2578
E | [email protected]