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Request an appraisalProperty ID: 1P0679
40A & 40B Rohs Road EAST BENDIGO VIC
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Industrial
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Sold
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350 sqm
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2838 sqm
Industrial Investment
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7.6 Return, with fixed 4% annual rent increases.
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Plus potential for further development.
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Comprises two factories on 2838m2 of land.
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Zoned Industrial One.
Factory 1 (40A)
Modern concrete tilt slab and Colorbond factory comprising 252 square meters plus 62 square meters of air-conditioned office space, in excellent condition, with high clearance access and electric roller door.
3 year lease commencing 1st October 2011 plus 2x3 year options.
Current rental $29,203.20 per annum plus GST and outgoings (from 1st October 2013)
Factory 2 (40B)
Refurbished brick and Colorbond factory comprising 245 square meters of factory floor space plus 88 square meters of air-conditioned office space, with 3 bay undercover carpark and large gravel yard area at the rear.
3 year lease commencing 19th September 2011 plus 2x3 year options.
Current rental $36,774.70 per annum plus GST and outgoings.
The property is securely fenced and includes a substantial concrete hard stand of approximately 550 sqm between the two factories. This very neat well presented property, offers the astute investor a low maintenance investment opportunity with potential for further development in the future (STCA).
7.6 Return, with fixed 4% annual rent increases.
-
Plus potential for further development.
-
Comprises two factories on 2838m2 of land.
-
Zoned Industrial One.
Factory 1 (40A)
Modern concrete tilt slab and Colorbond factory comprising 252 square meters plus 62 square meters of air-conditioned office space, in excellent condition, with high clearance access and electric roller door.
3 year lease commencing 1st October 2011 plus 2x3 year options.
Current rental $29,203.20 per annum plus GST and outgoings (from 1st October 2013)
Factory 2 (40B)
Refurbished brick and Colorbond factory comprising 245 square meters of factory floor space plus 88 square meters of air-conditioned office space, with 3 bay undercover carpark and large gravel yard area at the rear.
3 year lease commencing 19th September 2011 plus 2x3 year options.
Current rental $36,774.70 per annum plus GST and outgoings.
The property is securely fenced and includes a substantial concrete hard stand of approximately 550 sqm between the two factories. This very neat well presented property, offers the astute investor a low maintenance investment opportunity with potential for further development in the future (STCA).
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