$530,000

Being sold as a going concern, this fully tenanted property is ideally located near the corner of Daws Road and Joy Street making access from any direction a breeze.

The twin tenancies occupy approximately 561m² of lettable space in total. The larger portion being the warehouse tenancy and the gym occupying the smaller.

TENANCY 1: The Warehouse. Offering high clearance roller door entrance access into the open plan warehouse space. 2 office areas, storeroom and bathroom amenities are also included.

Current Lease: 01/06/2024 – 31/05/2027 + 1 x 2-year option
Rental: $25,000 p.a plus GST + 75% of outgoings

TENANCY 2: Gym: Spacious open plan area, store room and bathroom amenities.

Current Lease: Periodic – the current tenant has occupied this space for 26 years.
Rental: $12,000 p.a plus 25% of outgoings.

OUTGOINGS:

Council Rates: $730.00 per quarter
Strata Admin: $860.00 per quarter
Strata Sinking: $185.00 per quarter
SA Water: $197.06 per quuarter
ESL: $628.10 per annum

Don’t miss out on the exceptional chance to secure this terrific strata titled property.

For further information or to arrange an inspection, please contact Heath Lapthorne on 0423 764 163

TAPLIN GROUP OF COMPANIES – RLA 1836

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