Seize the opportunity to purchase this immaculate industrial investment situated in the tightly held Albany Interplex Commercial / Industrial Estate.
A stunning standalone building designed for InterMed in 2006 and future-proofed for growth, it includes space for expansion in a second tenancy currently occupied by Travel Marketing Ltd. Intermed Medical Ltd has entered into a new 8 + 4 year lease from 1st July 2017 and takes over the entire building in July 2019. The property currently returns a total rental of $654,878pa net + GST.
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The large 5,254sqm freehold title offers a prominent road front position on the prized Apollo Drive and nearby neighbours include 3M, Rex Bionics, Wallace Cotton, Douglas Johnson, Anzor Fasteners, Hightech Packaging and Penguin Books to name a few.
Long-term flexible tenancy options exist with the 3,587sqm building designed and built to provide dual tenancies.
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This is a true 'A' Grade Trophy Investment that must be inspected.
Features:
* Returning $654,878.63 pa net + GST
* 3,587 sqm standalone building on a 5,254sqm freehold title
* Brand new 8 year lease + 1 x 4 year right of renewal
* Superb Australasian tenant covenant - Established since 1980
* 100% IEP / seismic rating
* Zoned - General business
* Prized location
* Architecturally designed masterpiece
Contact the Joint Sole Agents for further details and to arrange inspection.
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