High Yielding Investment With Long Term Tenant
Nichols Crowder is proud to present 25/1253 Nepean Hwy to the market via private sale. Along with the high yield this investment represents, the tenant has occupied the space for over a decade and services both the nation and New Zealand.
The property is currently returning $13,000 P/A plus outgoings (tenant pays land tax) and GST on a newly signed 2 + 2 year lease with 3% annual increases.
This well-presented open-plan office offers great natural light and frosted front windows for privacy. The building features a communal kitchenette and amenities, along with two (2) basement car spaces on title.
Key features include:
* Building area: 45sqm*
* Returning $13,000 P/A plus outgoings & GST
* Tenant pays land tax
* Newly signed 2 + 2 year lease
* 3% annual increases
* Two (2) basement car spaces
* Open-plan space
* Carpeted
* Great natural light
* Frosted windows for privacy
* Communal kitchenette & male/female amenities
* Well located on Nepean Highway, close to major arterials
For further details or to arrange an inspection please contact:
Matthew Duncan 0400 427 427
DISCLAIMER:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
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