On behalf of RWC Northern Corridor Group, Cory Hoy & Fraser Martin are excited to present a rare opportunity to purchase a freehold property in the highly sought-after Greenoaks Drive.<br/><br/>This property has a national tenant with turnover approximately $50million annually. <br/><br/>Zoned Local Centre for a variety of uses, allowing for a huge variety of potential tenants. <br/><br/>Situated on 607m² of prime land, the building (approx 240m²) has been renovated and features the following:<br/>• 6 car spaces plus street parking<br/>• Multiple lock-up areas<br/>• Multiple enclosed and open office spaces<br/>• Several storage areas, all lockable<br/>• Beautiful back yard for staff<br/>• Security cameras throughout<br/>• Development potential - previously approved for 3 story retail/office development<br/><br/>Greenoaks Drive is not just popular with owners, rental vacancies here are filled in record time.<br/><br/>Tenancy details:<br/>• Leased until May 2027 with a 3 year option.<br/>• Tenant has been there for over 10 years <br/>• NET rental $72,776 <br/>• Market rent $85K-$90K NET and likely higher when a market review is due in 2027<br/>• 4% yearly increases<br/>• Tenant has no desire to ever leave<br/><br/>For more information or to arrange a viewing (after hours) please contact Cory Hoy or Fraser Martin from RWC Northern Corridor Group.
