Blue Chip Investment - Around 9% yield!

Description

Exceptional opportunity to secure this outstanding investment with a secure AAA tenant and main road exposure.

The property is currently lease on the following terms:

Rental: $269,404 approx per annum net
Term: 5 years commencing 1st July 2013
Further Term: One further term of 5 years
Annual Increases: Either CPI or 2.5% whichever greater
Security Deposit: $18,333.33

Features:

+ The property is currently leased to a long standing ASX listed tenant trading as ALS Global (ALQ) who specialise in scientific testing

+ Total building area of approximately 2614sqm

+ Approximately 2,188sqm of office and LAB area

+ Warehouse of approximately 426sqm with motorised container access roller door

+ Excellent main road location just off the corner of Westall Road & Centre Road

+ 38 car spaces

Call now to register your interest or to request further details.

Matthew Marenko 0409 355 123

Contact

Crabtrees Real Estate

SPRINGVALE

2-4 Westall Road
POA
Land Size: 3384 sqm

overview

  • 1P1170
  • POA
  • Industrial
  • Sold
  • 2-4 Westall Road SPRINGVALE VIC
  • 2614 sqm
  • 3384 sqm