Secure 10-year Lease Term.
Construction of this factory leased by Lollipops (Timtom Pty Ltd) was completed in Aug 2005. Lollipops have a 10-year lease which commenced in Aug 2015. The current rental is $147,468 per annum + GST gross (approximately $135,268 p.a net) with annual rental increases.
The head lease is between the landlord and the two directors of Lollipops who have both signed personal guarantees and paid a substantial bond.
Established for over 20 years Lollipops now have 27 Australian locations with 5 international sites and 5 more opening soon.
With a building area of 975sqm* situated on 2541sqm* of industrial 1 zoned land, the warehouse is perfectly suited to a business needing ample car parking (41 on-site) or external storage space for containers, goods etc.
For further information or to arrange an inspection, please contact:
Josh Monks – 0409 335 179
PLEASE NOTE:
* 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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