•Brand new 3 year lease returning $36,000pa + GST and outgoings.
•Built in rental growth kicking in after 18 months.
•Freehold 175sqm (more or less) road front industrial.
•Fantastic location in a high growth area.
•A+ IEP Seismic Rating.
A great opportunity to purchase a passive industrial investment located in the heart of Albany's industrial hub. This road front property boasts fantastic exposure and appeal. Cricket & Hockey Holdings have been tenants in the property since 2009 and have become a well-established business in the area.
With built in rental growth over the first term, you are set to enjoy solid returns whilst having the security from an established tenant. Unit 5 represents a passive affordable industrial investment opportunity in a tightly held location.
This location is set to inherit huge benefits from the SH1 & SH18 upgrade, significantly reducing traffic congestion and improving accessibility to the area. Call now to discuss this opportunity further.
5/57 Paul Matthews Road, RosedaleOpen in map