GOLD - POSITION INDUSTRIAL PROPERTY - ROAD ...

F/75, Apollo Drive, Albany, North Shore City

By Negotiation

Proposed Usage
Industrial
Description:
Property ID
1btpck2

GOLD - POSITION INDUSTRIAL PROPERTY - ROAD FRONTAGE

You would be hard pressed to find an industrial property with a better position on the North Shore! This awesome trophy office and warehouse building was completed in 2007 and comprises approx. 923m² with allocated 18 car parks. The long term tenant, an upmarket furniture distributor, has committed until 2020 returning $112,710 + GST and outgoings per year with annual rent increases. The first floor office 253m² remains vacant and may be an opportunity for an investor to add additional revenue or occupy themselves.

If you are an investor with partial owner occupier requirements for office and some warehouse space, we are happy to discuss this with the tenant and negotiate a suitable arrangement.

BUILDING FEATURES:
• Approx. 923m² total building area
• Ground floor showroom 250m²
• First floor office 253m²
• Warehouse 400m²
• 18 allocated car parks
• Clear span warehouse with concrete tilt slab

TENANCY DETAILS:
• Current Lease Term until April 2020
• Returning $112,710.00 + GST plus outgoings
• Annual rent increases
• Personal guarantors provided

Enquire about this property

Albany Area