This outstanding industrial property is being sold on a 6 + 6 + 6 year lease back basis to FlyBusters Insect Control Limited. The annual income is $151,186.00 plus GST and outgoings. The lease provides bi-annual adjustments in rent based on rises in the Consumer Price Index (CPI) plus 2.0%. The tenant is also required to give 12 months notice of renewal for each extension of lease term and on renewal the rental is revised to the current market rental. The building was constructed around 1970 with a design that has ensured a long history of occupancy. The building provides a total area of 1,456.8 m² with an office/warehouse ratio of approximately 33%. Altogether a fantastic opportunity to add genuine quality to your property portfolio.