Six year lease - industrial investment

D/19 Orbit Drive, Albany

By Negotiation

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Six year lease - industrial investment | D/19 Orbit Drive, Albany | 1504512 |      X Close

Six year lease - industrial investment

Appointed as sole agents Bayleys are excited to offer for sale this modern industrial investment at 19D Orbit Drive, Albany. Located in the desirable Interplex Business Park, the building sits elevated within the unit development completed by Matvin in 2007.

The building is leased to Ladelle who is a trusted home accessory brand that has been creating and designing quality homeware products in Australia and New Zealand for 35 years.

With a brand new six year lease in place, the unit offers an investor security of tenure as well as all the features of a new industrial building in the preferred business location of Albany.

Other features include:

•Brand new six year lease with bank guarantee

•Total floor area of 942sqm approximately

•Fixed rental increases throughout the lease term

•Total annual return $186,000pa + GST and outgoings

•A modern building completed in 2007

•High stud warehouse with single motorised roller door access

•Air conditioned offices/showroom with amenities over both levels

•14 car parks onsite

•Container drop off areas available

•Local cafes and eateries only a three minute walk away

For sale by way of negotation. Call one of the sole agents today for an information pack and access to the property files. All inspections are by appointment only.

D/19 Orbit Drive, Albany

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