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Long Term Tenant, Solid Return

18-20 Induna Street, SOUTH GRAFTON NSW, 2460

For Sale

Property for Sale in 18-20 Induna Street, SOUTH GRAFTON NSW, 2460

Listing ID:
11196109
Status:
Active
For:
Sale
Price:
AUCTION
Last Updated:
25/10/2019
Icon building

Property Type

Industrial/Warehouse
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Land Area

5165 SQM
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Floor Area

1161 SQM
Icon parking

Parking

0

Long Term Tenant, Solid Return

With a long term global tenant, renewed lease to 2021 + option to 2026, this prime industrial holding is just 1.4km from Grafton CBD. Situated in South Grafton industrial area, the property consists of approximately 800m2 of industrial grade high clearance workshop plus an office complex.

Refurbishments and upgrades have been completed to the office and amenities in recent years and include a mezzanine level, air conditioning and sleeping quarters. An annual net return of $81,539.00 plus GST per annum with outgoings paid by the tenant and CPI increases annually.

Zoned IN1 General Industrial with dual street access, the 5165m2 corner allotment has ample parking. With direct B double access to the Pacific Highway, a high calibre tenant and solid net return this quality investment is offered for sale by auction on 25 October 2016, 11am at Doltone House Hyde Park, 181 Elizabeth Street, Sydney.

For more details, please email agent

First National Real Estate Ford & Dougherty

15 Prince Street, Grafton, NSW 2460


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