7% Yield GREAT INDUSTRIAL INVESTMENT LEASED TO LONG TERM TENANT
Unit 5 & 6/11 Tralee Street, HUME ACT 2620
Great Investment – Located on the southern side of Tralee Street, West of the intersection with Sheppard Street in the established industrial area in Hume.
The warehouse provides a total area of 4,124m2 tilt slab and metal clad walls, with accomodation comprising of a large warehouse featuring sprinklers throughout, extensive offices at the front of the building, a mail room and high bay warehouse with multiple roller doors at the side and rear of the unit.
The current tenant has been in occupancy since 2002 and has resigned a new 3 + 3 year lease in October 2017.
The annual income is $450,780.00 + GST p.a, the buildings outgoings are approximately $65,000.00.