61 Clark Road, TRENAYR
$695,000
   $695,000

One For The Investors

We are pleased to offer for Private Sale, 61 Clark Road, Trenayr. Zoned IN1 Industrial and located in one of few 24 hour industrial zones this property is a generous 8,800 sqm total land area.

On sale of the property a 10 + 5 year lease will be implemented, with the tenant paying Year 1 rent of $65,000 + GST, upfront. Council rates are recoverable under the terms of the lease and the tenant is responsible for upkeep of the property, electricity and water usage costs.

The tenant is established within the timber industry, specialising in the preparation of hardwoods. With a succession plan in place, the tenant is committed to continuing business from the site for the long term.

Trenayr is experiencing growth in the industrial market, with a number of tenant's and Owner Occupiers looking to the area to establish businesses.

This is an opportunity for investors to put in as much or as little as they like at an anticipated 9.5% Yield. For more information please contact Dougherty Property on 66422 722.

INSPECTION

  • By appointment

Location

61 Clark Road, TRENAYR

Agents

DEREK MORGAN

Derek has over 17 years experience and specialized negotiation skills in the Real Estate Industry with in excess of 1,000 property sales. In addition to this, having worked...

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