With a long term global tenant, renewed lease to 2021 + option to 2026, this prime industrial holding is just 1.4km from Grafton CBD. Situated in South Grafton industrial area, the property consists of approximately 800m2 of industrial grade high clearance workshop plus an office complex.
Refurbishments and upgrades have been completed to the office and amenities in recent years and include a mezzanine level, air conditioning and sleeping quarters. An annual net return of $81,539.00 plus GST per annum with outgoings paid by the tenant and CPI increases annually.
Zoned IN1 General Industrial with dual street access, the 5165m2 corner allotment has ample parking. With direct B double access to the Pacific Highway, a high calibre tenant and solid net return this quality investment is offered for sale by auction on 25 October 2016, 11am at Doltone House Hyde Park, 181 Elizabeth Street, Sydney.
