Significant attributes of this property include:
- Initial ten (10) year lease returning $383,687pa + GST to established tenant from 1st July 2003, extended by five (5) years with a final expiry date of 30th June 2018
- High profile corner site
- Dual street frontage
- Superb access to surrounding suburbs of Penrose, Mount Wellington, along with excellent motorway access in all directions
The property comprises a 1970s Industrial building with an office over two levels to the front and associated parking. The property is extremely well located with good frontage to Neilson Street. Neilson Street is a main arterial linking the Southern Motorway with the South Western Motorway link.