Offers from $15.9m
Current tenant is paying from only $58/m2 net on old lease
- Rare Investment with massive rent increase upside
- Rent from only $58/m2.a year for the old lease, reviewing the
market as soon as the lease expires
- Strategic location with massive exposure on top of the crest of the hill at Hillcrest
- Opposite to Coles Distribution Centre and close to Woolworth's distribution centre
- Building area 10,739 m2 on 4.1 acres of prime land
- The zoning has been upgraded to "Mixed Commercial."
- The current zoning allows for any retail, commercial, office and industrial tenancies except
Childcare Centre, to potentially increase the rent further
- Net return $1,021, 888 per year on a fully leased basis
- Offers from $15.9m
Contact The Agent
Peter Huang
CEO
| 0418 888 889 | |
| Email Agent | |
| View My Properties |
Information
| Land Size | 16600 Square Mtr approx. |
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