SOLD

An outstanding opportunity to secure this property for your superannuation fund or investment portfolio, showing secure, solid returns. Situated on 7442m2 or 1.84 acres of land, right in the heart of Horsham’s industrial estate this property features:

Shed 1: Floor Area: 1076 sqm. Modern Colourbond workshop complete with portable office block (approx 41 sqm). Currently leased at $39,140 per annum, plus GST (If applicable) & outgoings.
Shed 2: Floor Area: 531sqm Modern Colourbond workshop plus brick office (approx 72sqm). Currently leased at $32,960 per annum, plus GST (if applicable) & outgoings.

Both five year leases commenced on the 1 July 2006 and have a two further five year options. Each lease also incurs a annual 3% fixed rent increase as well as a Current Market Rent Review at the end of each five year term.
Externally the property also features extensive concrete parking, sealed customer parking and security fencing.