The subject property is constructed from concrete tilt panel, containing 140m²* office and 170m²* clearspan warehouse. The office space contained a mixture of open planned and partitioned offices with both kitchen and Toilet amenities. The space has fully ducted air-conditioning and is equipped with a security system. The warehouse has an internal clearance of 6.5m and incorporated pallet racking.
The properties point of difference, for being a part of a large unit complex with a high vacancy rate, was the appealing quality of the office fitout and overall presentation. The property was offered as a ‘Turn Key’ scenario where the new tenants could start operations from day one of their lease commencement. The new tenant came from a nearby industrial complex in the same suburb.
|Annual Rental:||$37,000.00 + GST|
|Lease Term:||2 + 1 years|
|Reviews:||Annual CPI Minimum 4% and Market review at the option.|
|Incentive:||One Months’ rent free|
|Days on Market:||90|