778-786 Old Illawarra Road, MENAI NSW 2234

Located in the heart of Menai's business park precinct this tenanted factory/warehouse with long term lease in place is an ideal investment opportunity. Featuring 257m2 of floor space not inclusive of additional second floor offices/storage/function room. Leased to a prominent local business, occupying the premises from day one. Current Lease Details: 5+5 year signed 27th June 2008 due to expire on the 26th June 2013 with a five year option Rent currently $4775.56 per month (This will go up by CPI this month as it was due to go up on the 27th June) at 1.6% increase $76.4 = $ 4851.96 with GST Outgoings Body Corporate:$1250 pq Water Rates:$220 pq Land Rates: $769 pa